Thanks to the governments Gift Aid scheme Daisy Chain can increase certain donations by 28%.
As a charity, Daisy Chain is not liable for tax. Therefore, as a tax paying individual for every pound you donate, we, as a charity, can claim tax relief.
Every £100 you donate becomes £128!
And it gets better. If you are a higher rate tax payer, you can also claim back the difference between basic and higher rate tax. That means that for every pound you give away, you can get 18p back from the taxman which you can keep, or give to charity. So the taxman could actually reward you for your generosity!
It is all very straightforward BUT only works if you complete a Gift Aid Form!
Remember this is all at no extra cost to anyone but the Inland Revenue.
You just have to complete a declaration saying that you pay enough tax to cover what the charity will reclaim from HM Revenue & Customs.
