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Gift Aid - an overview
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 Gift aid is tax relief on money donated to UK charities.
The HM Revenue and Customs treat donations as if the donor had already deducted basic rate tax from them. A charity like Hands of Mercy International can then reclaim this tax to increase the value of a donation.
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Gift aid rules
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Donors must
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 9th May 2003.
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| Tax relief |
If a customer pays the
- basic rate of tax, they cannot claim further tax relief on the payments.
- higher rate of tax, they can claim higher rate relief on the payments by entering the donations in the gift aid box on their self assessment tax return. Customer's who receive a form P810 can declare their gift aid payments on it.
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