More Gift Aid details
How do I know if I pay UK income or capital gains tax?
You pay these taxes if:
- income tax is taken from your wages or salary before you receive your pay
- you pay tax after filling in a self-assessment form each year
- you have any taxable savings (in a Building Society, for instance), or a pension plan, or investment income
- you have paid any capital gains tax, on the sale of a property or some shares, for instance
If any of these applies to you, please complete and return your declaration so NDCS can reclaim the tax on your donations. NB Inheritance tax does not count as UK income or capital gains tax.
What if I don't pay UK tax?
If you don't pay UK tax you are unable to make a Gift Aid declaration.
What if I'm a pensioner?
You may still pay tax on a private pension plan or a savings account, or pay capital gains tax if you sell property or shares. If you do so, please make a Gift Aid declaration.
What if I'm a higher rate taxpayer?
NDCS can only directly claim back at the basic rate but please complete and return the declaration anyway.
However, as a higher rate taxpayer, if you declare your donations on your tax return, you can claim a rebate based on the difference between the higher rate and the basic rate when you fill in your self-assessment form.
From April 2004 the self-assessment form covering returns for 2003/04 allows you to nominate a charity to receive any rebate that you are due. The Inland Revenue will pass the repayment directly to the charity. So please consider this simple way to add even more to your gift to IDCS.
For example, if a higher rate taxpayer makes donations totalling £100 over a year, on top of the £28 that RNIB claims back directly, you can reclaim as much as £23 from the taxman.
What if I'm a lower rate taxpayer?
If you pay a lower rate (10 per cent or 20 per cent), IDCS can still claim back 28p for each £1 you donate, provided you pay enough tax to cover the claim in the tax year you make the gift(s).
What does the Gift Aid declaration commit me to?
Absolutely nothing! It just ensures that if you choose to donate to IDCS, we can claim an extra 28 per cent back from the Inland Revenue.
How long does the declaration last for?
To simplify matters for both you and IDCS, the declaration wording normally covers present, future and past donations. We are able to claim on any gifts made since the Gift Aid scheme was revised on 6 April 2000, as long as you are eligible.
Who will have access to this information about me?
Only NDCS and the Inland Revenue. We will not share it with anyone else.
What should I do if my tax status changes or I want to cancel my declaration?
Please notify us in writing at:
IDCS
Fundraising
15 Dufferin Street
London
ECY1 8UR

