All about Gift Aid

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.

How does it work?

If you give £1 in the normal way, the Colostomy Association will receive precisely £1. But if you Gift Aid the £1, the Colostomy Association will receive £1.25 - in other words increasing the value of your gift by 20% - the basic rate of tax. For donations between 6 April 2008 and 5 April 2011 the charity will also receive a separate government supplement of three pence on every pound you give. This transitional relief does not affect your personal tax position. 
Anyone who has paid enough income tax or capital gains tax to cover the amount reclaimed by the Colostomy Association in the current financial year can use Gift Aid. You can ask for Gift Aid donations to be treated as being paid in the previous tax year if you paid enough tax that year to cover any Gift Aid gifts you made that year plus the ones you want to backdate

I'm a higher-rate taxpayer

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

Colostomy Association registered charity number: 1113471 All material © 2017 Colostomy Association. Reproduced by prior permission only.

Head Office: Colostomy Association Ltd. Enterprise House, 95 London Street, Reading, Berkshire, RG1 4QA. United Kingdom | Tel: +44 (0)118 939 1537 | Help Line: 0800 328 4257
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