How does Gift Aid work?
Gift Aid is a government scheme that allows donations given to charity to be tax-effective. We can claim the tax back on your donation as soon as you give your permission by completing a Gift Aid declaration form. This means that a £10 donation will be worth £12.50 and for every £50 gift, we will actually receive £62.50.
Am I eligible for Gift Aid?
In order for WheelPower to reclaim the tax you have paid on your donations, you must have paid income or capital gains tax (in the UK) for each tax year (6 April to 5 April) at least equal to the tax that all the charities or Community Amateur Sports Clubs that you donate to will reclaim on your gifts for that tax year. Other taxes such as VAT and Council Tax do not qualify.
Are you a higher rate taxpayer?
If you pay tax at a rate of 40% or above, you can claim the difference between the higher and basic rate on your donation. Do this:
- through your Self Assessment tax return
- by asking HM Revenue and Customs (HMRC) to amend your tax code
Am I committing myself to give regularly?
Not at all, completing a Gift Aid declaration does not commit you to any future donations, but any you may give will be covered by the declaration.
What should I do if I move house, or change my name?
Please let us know if any of your circumstances change so that we can keep your record up-to-date on our systems.
How do I cancel my declaration?
Simply inform us that you are no longer a UK taxpayer, in writing, by email by calling 01296 395995 and we will stop reclaiming tax on your donations immediately.
How do I sign a Gift Aid declaration?
Either complete our online form or download our gift aid declaration and return it to:
WheelPower
Stoke Mandeville Stadium
Guttmann Road
Stoke Mandeville
Buckinghamshire
HP21 9PP
