Wilder Coe’s Post

Tomorrow is Gift Aid Awareness day! Gift aid is a key tax relief available to the sector and can uplift the valuation by 25p for each £1 given. Maximising this relief is therefore critical. Out factsheet will help you to maximise the huge impact Gift Aid can have on your organisation. Our specialist team can support you with any specific queries! BHP, Chartered Accountants

Gift Aid Awareness Gift Aid is a government tax relief scheme that allows charities to claim an additional 25% on eligible donations from UK taxpayers. This means that for every £1 you donate, the charity can receive an extra 25p, significantly increasing the impact of your generosity. How to make a difference: Tick The Box: Whenever you make a donation to a UK charity, be sure to tick the Gift Aid box on the donation form. #TickTheBox

It's Gift Aid Awareness Day 2024! 🎉 Did you know that Gift Aid allows your donations to go even further without it costing you a penny more? If you are a UK taxpayer, for every £1 you donate, a charity can claim an extra 25p from the UK government. That means your generosity has an even greater impact on the causes you care about! 💜 To make sure your donations qualify for Gift Aid, all you need to do is tick ☑️ the Gift Aid box when you donate and confirm you're a UK taxpayer. It’s that simple! Make sure you encourage your friends and family to Gift Aid their donations too! #GiftAid #TickTheBox #Charity #MakeADifference #CharityChatter

It's Gift Aid Awareness Day, a day to raise awareness of the importance of this form of tax relief for charities. Let's reinforce the message that Gift Aid is a vital source of income for UK charities worth around £1.6 billion a year. That’s a huge amount, but it could—and should—be even more! Every year, around £560m goes unclaimed. We want to see that amount reduced by eligible donors. Remember to #TickTheBox and charities, making sure they take advantage of every potential claim. #GiftAidAwareness #TaxRelief #CharityIncome #UKCharities #ClaimYourGiftAid #GiftAidUK #Donations #TickTheBox #SupportNonprofits #ClaimEveryPenny

Gift Aid is so important to charities

📢 What is Gift Aid? 💡 Gift Aid lets UK charities claim back the tax on your donations, boosting your contribution by 25% at no extra cost to you! So, a £10 donation becomes £12.50 in the hands of a charity. 🎁 With Stewardship's Instant Gift Aid feature, this boost happens automatically, meaning charities get that extra support instantly - saving time and admin hassle! Plus, you can easily track your giving and Gift Aid history from your Giving Account with us. 🙌 👉 Read the blog to learn more: https://buff.ly/3RL2GDl #TickTheBox #InstantGiftAid #Generosity

Don’t be restricted by fundraising platforms that only let you support one charity. Giving Groups give you the flexibility to support as many Canadian registered charities or qualified donees as you want! Plus you can set goals, track donations, and feature 5 charities at a time, all from one place. 👉 Your guide to understanding Giving Groups: https://bit.ly/3BP4o0x What is a “qualified donee”? 🧐 A qualified donee is a term cited in Canada’s Income Tax Act, that refers to a type of organization that can issue you a charitable tax receipt when you give to it.

In honour of Gift Aid Awareness Day, we’re encouraging our supporters to #TickTheBox when donating to our charity. Did you know that when you make a donation to charity and say ‘yes’ to Gift Aid, the government adds an extra 25% to your donation at no extra cost to you? This means that when you donate £1 to an eligible charity, the government donates an extra 25p on top. Sign up to Gift Aid here: https://lnkd.in/euTaMx74 and click here to learn more about Gift Aid and how it can help charities such as Combat Stress: Tax relief when you donate to a charity: Gift Aid - GOV.UK (www.gov.uk) #GiftAid #CharitySupport #GivingBack

If your summer chore list includes cleaning out the garage and closets, you might have items to donate to a local charity. That’s not only generous, it might lead to tax savings (if you itemize deductions on your tax return). You’ll need to secure proper documentation from the qualified charities you donate to. Noncash donations of less than $250 must be supported by a receipt, showing your name, address, date of donation and detailed descriptions of the items. For donations valued at $250 to $500 you must also obtain a “contemporaneous written acknowledgement” from the charity. Click here for more details, including documentation needed for higher value donations: https://bit.ly/3yvZKD4 #CharitableDonations #TaxSavings #IRS #TaxDeductions #SummerCleaning #TaxTips