Frequently asked questions about Gift Aid
What is Gift Aid?
Gift Aid is a tax efficient way of donating to charity. Gift Aid allows BEN to claim the basic rate of income tax (currently 20%) involved on a donation from a tax-paying donor from the Inland Revenue. Therefore, for every £1 donated, BEN can claim an additional 25p.
How do I know if I am a UK taxpayer?
If any of the following apply to you, you are a UK taxpayer:
- Tax is taken from your salary before you receive your pay
- You complete a Self Assessment tax return form
- You have recently paid capital gains tax, or expect to do so in the near future
- You have taxable savings, a pension plan or investment income
Please note: Inheritance tax does not count as UK income tax.
What if I am not a UK taxpayer?
If you are not a UK taxpayer, BEN cannot claim Gift Aid on your donations. If you have signed a declaration in the past, but no longer pay tax, please contact BEN's Supporter Relations department on 01344 294766 so your records can be updated.
What if I am a higher rate taxpayer?
If you are a higher rate taxpayer, BEN can still only reclaim the basic rate. However, when you complete your self-assessment tax return, you can donate the difference (18%) to BEN by ticking the appropriate box. The code for BEN is EAL65MG.