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GIFT AID FORM Gift aid declaration I×we want the Society to treat all subscriptions and donations I×we make on or after the date below to be treated as Gift Aid payments until I×we notify you otherwise.
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How to fill out gift aid form
How to fill out gift aid form:
01
Obtain the gift aid form: Contact the organization or charity you are making a donation to and request a gift aid form. They may provide it in physical or digital format.
02
Provide personal details: Fill in your personal information accurately on the form, including your full name, address, and contact details. This is crucial for the organization to process your gift aid claim correctly.
03
Declare your eligibility: Confirm your eligibility for gift aid by ticking the appropriate box on the form. Usually, this means you must be a UK taxpayer and have paid an amount of income tax or capital gains tax equal to or higher than the tax the charity will reclaim on your donation.
04
Signature and date: Sign and date the form to confirm that the provided information is correct to the best of your knowledge. This serves as your authorization for the charity to claim gift aid on your donation.
05
Submit the form: Send the completed form back to the charity or organization via the preferred method stated by them. This could be by post, email, or through an online submission system.
Who needs gift aid form:
01
Individuals making donations to UK charities: If you are a taxpayer in the UK and want to make a donation to a registered charity, you may need a gift aid form.
02
UK charities: Charities based in the UK typically require individuals making donations to complete a gift aid form. This allows them to claim an additional 25% in tax relief on eligible donations, increasing the value of the gift.
03
Higher-rate taxpayers: Gift aid can be particularly beneficial for higher-rate taxpayers, as they can claim additional tax relief on their donations when completing their self-assessment tax returns. Therefore, higher-rate taxpayers may need to utilize a gift aid form to ensure their donations are included in their tax calculations.
Note: It is advisable to consult with a tax professional or the charity directly for specific guidance relating to gift aid and your personal circumstances.
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