took a boot load of decent kids toys to charity shop today &
whilst parked on double yellows unloading felt pretty harangued
by the charity shop "minder" to sign up to gift aid...?
I left the last of the bags & headed for the door, to echoes of
"what about this gift aid form? " then hands thrown above her
head as I made my excuse & left her to it.
WTF? Did she expect me to donate money as well as a boot load of
decent gear? In which case they can FRO.
Or is this some devious attempt to gain my personal & contact
details for purposes other than "charitable giving"?
What other explanations have I missed?
They can claim tax relief on the value of the items you have donated and
which they have sold, if you are a taxpayer. From memory it increases the
value of the gift by around 20%.
I've done it for many years now at a hospice shop where I take many
donations. Each year I get a statement of what the value of the items
sold was and how much extra they get though the gift aid process.
It costs me nothing and benfits them greatly.
Yes, indeed. It effectively means that a bit more of your income is
taxed at the standard rate rather than the higher rate. The charity
still gets what they would have got anyway. I didn't mean to imply
otherwise in my previous post.
Boring point for those who spot scope for some DIY tax planning in the
You may think that gift aid allows you to avoid paying tax at 40% on the
top slice of your income when you would without the gift aid. That may
be attractive given (as gov.uk puts it)
"From 6 April 2016, if you’re a basic rate taxpayer you’ll be able to
earn up to £1,000 in savings income tax-free. Higher rate taxpayers will
be able to earn up to £500. This is called the Personal Savings
So if you are are only just into the higher are band you can give a bit
to charity and get £500 more tax-free savings; and everyone's a winner -
well apart from the Exchequer?
No. HMRC ain't that stupid. You only get the £1,000 allowance if your
taxable income is not in the higher rate band and that's based on your
income and the rate bands *before* adjustment for gift aid.
As so often, gov.uk has dumbed it down to the point it's positively
misleading: "higher rate taxpayer" does not mean "someone who pays tax
at the higher rate.
reply-to address is (intended to be) valid
Gift aid has become a mechanism to rip off the public.
Many attractions operating as charitable trusts now what MORE entrance
money (as well as you signing the tax rebate form). Rip off entrance
fees become more rip-off. At one time gift aid was the same entrance fee
for all and they just requested that you fill in a form so that they
could claim another 25%. I didn't mind doing this as it cost me nothing.
The policy now seems to be a lower entrance fee if you tell them to
fuck off and a higher entrance fee with the inconvenience of filling in
a form for gift aid.
The reason for that is that they can't claim Gift Aid on a simple
entrance fee. So they charge you for a year's access, and then they can.
I rarely want to go back twice in the same year, but there are exceptions.
My posts are my copyright and if @diy_forums or Home Owners' Hub
wish to copy them they can pay me £1 a message.
That is not the scam they operate. In some cases both the normal and
more expensive gift aid entrance gives free repeat visits. Organisations
such as the national trust just charge more for gift aid admission
without giving any return discounts. In many places I've visited on
holiday recently they did "friends of" type tickets for repeated visits
but at a cost much higher than the most expensive one off entrance fee.
The true scam is that they take the money
Spend 30% on the CEO and executive salaries, pensions and perks
Spend 30% on sending out begging letters
Spend 40% abroad where 90% of it gets lost in the local corruption business.
I note from TV advertising that if I provide £3 for a bucket with a lid
the polluted water fetched from the stream shown at the beginning of the
Ad magically becomes safe enough to drink!
It's a few years since I last looked at this in detail but at the time
you could not claim gift aid back on a membership subscription if there
was any personal financial benefit to the donor. It may have changed by
now of course.
Apparently, the entrance fee on its own is not gift aidable because
you're buying a service. But, if you make a donation on this, the
organisation can claim a tax refund on the *whole* amount. That's why
the entrance fee is higher if you gift-aid it. [That's what I've been
told by one such organisation].
Except I didn't did I, as many others have done the exact same in an
effort to help 'jim' understand it better. The explanations /
justification were outlined in the link I am others have provided (not
that 'jim' (or you) would accept such from me of course).
So it seems it's only you who has got it wrong *again*, 'bert'!
Cheers, T i m
p.s. How's that Brexit thing working out for you so far? Is it still
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