Wherever you see the Gift Aid logo you can help the Colostomy Association even more, at no additional cost to you.
If you are a UK taxpayer, Gift Aid offers a simple way to increase the value of your gift to charity by allowing the charity to reclaim the tax on your gift. You can use Gift Aid if the amount of tax you have paid in any tax year (6 April one year to 5 April the next) is at least equal to the amount the charity is reclaiming on your behalf.
As a higher rate taxpayer you can reclaim 20% personal tax relief on your gross donation, the equivalent of twenty-five pence for every pound you donate. You can make this claim on your Self Assessment tax return if you are sent one.
Worked example :
Basic-rate tax-payer : You give £15.00; The charity receives £18.75 plus £0.45.
Higher-rate tax-payer: You give £15.00; The charity receives £18.75 plus £0.45; You reclaim £3.75, a net cost of £11.25.
For more information, please visit HMR&C website
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