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GREYHOUNDS IN NEED GIFT AID DECLARATION
REG.CHARITY IN ENGLAND AND WALES NO. 1069438Title………………………….…. Forenames………………..………………………………………………….
Surname………………………………………………………………………………………………………………………….
Address………………………………………………………………………….…………………………………………...
………………………...………..….…………………………...……………………………………………………….…..
………..…………………………………………………………………………………...Postcode….………….....
I want the charity to treat all donations I have
made since 6th April
2000, including my annual subscription, and all donations I make from the
date of this declaration, as Gift Aid donations.
I enclose a donation of £…………...
I declare that I have paid an amount of UK income tax and / or capital
gains tax at least equal to the tax that the charity will reclaim on my
donation.
Signature………..…………………………...……….... Date………………………...…………….
pay enough UK tax in the same year as you donate-in the example she must pay
at least £15 UK tax. The Revenue says OK-the supporter has paid enough tax
to cover the £15 “deducted” from the payments to GIN, so refunds the £15 to
GIN, when we make a claim. Clearly the rebate to GIN has cost our supporter
nothing-indeed if she is a 40% tax payer her tax bill will be reduced as a result
of making charitable donations.
To finish the arithmetic, GIN receives £60 plus a £15 rebate, 25% extra.
Thus if supporters make a Declaration, GIN receives an extra 25 pence for
every pound received and at present the Government supplements each 25p it
pays to charities by a further 3p, so GIN gets the 28% extra you will see
mentioned on all charities’ fundraising leaflets.
A Declaration remains in force until cancelled by the signatory-please study
the form below. Only sign if you are a tax payer and your tax will cover the tax
rebated to GIN (25% of your donation). So if you are a UK tax payer, please
help GIN by signing a Gift Aid Declaration-if everybody did so GIN would be
£10,000 better off each year, which would be good news for a number of
galgos. Don’t hesitate to contact me if you need further information. Geoffrey
