Gift Aid

Gift aid is tax relief on money donated to UK charities.

The tax office treat donations as if the donor had already deducted basic rate tax from them. The charity can then reclaim this tax to increase the value of a donation.

For Vista to qualify for Gift Aid donors must

• pay enough UK income tax and/or capital gains tax themselves to cover the amount of tax the charity will reclaim
• give the charity a gift aid declaration, which should include;
  Their name
  Their home address, including post code.
  The charity’s name
  Details of the donation, including a statement that it is a gift aid donation
  Confirmation that they have paid UK tax – to cover the tax the charity will reclaim.

A declaration can be made to cover individual donations,a series of donations, can cover donations made during a specified period or to cover all future donations. They can also be backdated for up to 6 years prior to the date of the declaration provided the donation was made since the 6th April 2000.