Gift Aid is a way to allow charities to increase your donation by claiming the tax back.
If you're a UK taxpayer, you can add Gift Aid to your donation. You simply need to have paid or will pay an amount of income tax and/or capital gains tax that is at least equal to the tax that Sevenoaks School Foundation and other charities you donate to will reclaim on your donations in a tax year.
The Gift Aid scheme allows charities to claim the basic rate tax on every pound donated. So if you donated £100 to Sevenoaks School Foundation, it means that you'll actually be giving us at least £125, at no additional cost to you. The process is simple: all you have to do is make a Gift Aid declaration.
If you are donating online, just tick the Gift Aid box on the donation form. If you are sending us a donation, you can sign the Gift Aid declaration on one of our gift forms. We can claim Gift Aid on donations made in the past four years. If you have made a donation in that time and are not sure that you signed a declaration, please get in touch.
Higher rate tax payers
If you pay tax at a rate of 40% or above, you can claim the difference between the higher and basic rate in your Self Assessment tax return.
Example: You donate £100 to charity; they claim Gift Aid to make your donation £125. You pay 40% tax so you can personally claim back £25.00 (£125 x 20%).
Sevenoaks School Foundation email@example.com