Under the Gift Aid scheme, St Matthew's, Westminster can reclaim an extra 25% in tax on every eligible donation by a UK taxpayer. Between 6 April 2008 and 5 April 2011, the government will also give us an extra 3% of all eligible donations. This ‘transitional relief’ does not affect your personal tax position.
We are not permitted to reclaim Gift Aid on donations made in return for goods and services (e.g. tickets to events, raffles or auctions), as they are not 'freewill' gifts.
What do I have to do? When you donate, you will be asked to confirm whether or not you are a UK taxpayer. Please note that tax can only be reclaimed on donations made by individuals who pay UK income or capital gains tax at least equal to the amount reclaimed on their donations in the current tax year.
Benefits to higher-rate taxpayers If you pay tax at the higher rate, you can reclaim tax relief on your gross donation at 20% (i.e. the difference between the higher rate of tax at 40% and the basic rate at 20%). Keep a copy of your donation history and attach it to your tax return.
What if I am not a UK taxpayer? The Gift Aid scheme is unique to the UK. If you are not a UK taxpayer, you can still make a donation but your donation will not attract Gift Aid.