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Gift Aid

Writer's picture: Chabad IslingtonChabad Islington

With Gift Aid, your donation could mean 25% more for us at no extra cost for you. Find out below whether you're eligible and please get in touch to declare!

What is Gift Aid?

Gift Aid gives you an extra 25p for every £1 you donate.

Gift Aid is an income tax relief designed to benefit charities and Community Amateur Sports Clubs (CASC). If you’re a UK taxpayer, Gift Aid increases the value of your charity donations by 25% because the charity can reclaim the basic rate of tax on your gift at no extra cost to you.

How does Gift Aid work?

The process is really simple; all you need to do is fill out a Gift Aid Declaration form. This is a statement from you to the charity confirming that you want to donate through Gift Aid and receive tax back on your donation. Charities don’t pay tax on most types of income, which is why the tax paid on financial gifts to charity can be claimed back.

Your donations won’t qualify for Gift Aid if they are more than four times what you’ve paid in tax that tax year. If you stop paying enough tax at any point, you must let the charity you’re donating to know.

Am I eligible for Gift Aid?

For a charity to claim Gift Aid on your donation you must first have paid UK Income or Capital Gains Tax that financial year. The tax you pay must be equivalent to the amount of Gift Aid the charity will reclaim on your donation that tax year, (and will be claimed by other charities and CASCs). VAT and Council Tax do not meet this criteria.

From April 2016, the income tax personal allowance has increased to £11,000 for individuals born after 5 April 1948. If your income is below £11,000, you will no longer be able to claim Gift Aid on eligible donations.

 
 
 

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CONTACT​

info@jewishislington.co.uk

020 7700 6974

Chabad-Lubavitch of Islington

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1-3 Elliott’s Place

London N1 8HX

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OUR CHARITY

Chabad-Lubavitch of Islington CIO is an independent and registered charity. Registered Charity No. 1164760.

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