
You can enhance the value of your donation to New Heart New Start by giving us a declaration that you are a taxpayer and pay income tax or capital gains tax at least equivalent to the claim under your declaration. The charity will then be able to recover the standard rate tax on your donation directly from the Inland Revenue.
Under this scheme for every £1 you give we can claim a further 25p.
If you are a higher rate taxpayer you can yourself recover the difference of the standard rate tax and the higher rate tax on all your donations through your annual Self Assessment tax return.
Further tax relief can be obtained through other gift aid schemes:
- Payroll giving
- Giving to charity by businesses
- Gifts of shares and securities
- Inheritance tax
- Capital gains tax
In brief if a gift is made to a charity and a tax liability has arisen then it is possible either the charity or donor can make a tax recovery.
For further details on any of the schemes please telephone the Charity Office on 0161 945 2166
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