Gift Aid
Gift Aid is a wonderful opportunity to increase the value of your gift and a fantastic method of tax-effective giving, which allows us to help even more vulnerable older people - at no extra cost to you.
What is Gift Aid scheme?
The Gift Aid scheme allows us to claim tax back if you pay an amount of Income Tax and/or Capital Gains Tax each year (Council Tax and VAT do not qualify as taxes for the purposes of Gift Aid) at least equal to the tax that we will claim from HM Revenue & Customs on your Gift Aid donation.
Furthermore, if you are a higher-rate taxpayer in the UK, you may also claim back the difference between the higher rate of tax at 40% and the basic rate at 20% on the gross value of your donation.
When you give money to Age UK Wakefield District under Gift Aid, we will reclaim basic rate tax on that money – currently 25 pence to the pound. If you are a UK tax payer, this means that £1.00 would be worth £1.25 just so long as donations are made through Gift Aid. Imagine what a difference that could make and at no extra cost to you. We can only claim Gift Aid where your full name and home address is provided.
Please notify the charity if you:
want to cancel this declaration
change your name or home address
no longer pay sufficient tax on your income and/or capital gains
If you pay Income Tax at the higher or additional rate and want to receive the additional tax relief due to you, you must include all your Gift Aid donations on your Self-Assessment tax return or ask HM Revenue and Customs to adjust your tax code.
Gift Aid your clothing and item donations to our shops
Along with monetary donations, Gift Aid can also be applied when you donate your preloved items to our charity shops! This means your donations can raise more money to support our local charity.
Our three charity shops are always in need of donations, you can find them across the district
Wakefield Centre - 16 The Springs
Horbury - 52 High Street
South Elmsall - 57 Barnsley Road
If you'd like to get involved, meet new people, build confidence and volunteer in our shops, please see our volunteering page