When you donate give to "just giving" and they ask for gift aid does the amount you give have to come out of an account you pay tax on? Hope that makes sense. I am a tax payer.
Thanks humber. I have just given to the boy who is sadly on his way out. I knew the tax allowance was not for me but I donated out of my current account. So they can claim it back?
Jeza, they don't take the money physically from anywhere at the time of the donation, you just pay for the amount you are donating - then HMRC allow for the Gift Aid on your tax coding. When I do my tax return, I send them a list of donations throughout the year on which I've ticked the Gift Aid box, and it's adjusted on my tax code.
Hubby is reasonable Jezza, ta.
Son is such a problem, still trying to sort his bits and bobs.
We have another CBT appt Tues, 3pm. Hoping this will give me time to get him out of his flat.
Been promised a MHA for him.
I guessed it was Jeza, thats why I posted the link :)
I admit that this particular young man has touched my heart in a way that many of these appeals don't. I think it may be because he resembles my son quite a bit and is a similar age.
I think for him to be thinking of others with his fundraising at a time like this shows a great spirit. I'm so glad he has more than doubled what he wanted to raise.
Hi boxtops- I think what you are referring to is when you claim back via your tax form the difference between higher rate and basic rate on gift aid. Gift aid for a basic rate tax payer doesn't need to be recorded on a tax form- the recipient just claims the money based on your having ticked the 'gift aid' box to confirm you're a taxpayer
Daffy - what a brave young man and what a huge amount he has raised for Teenage Cancer Trust. Wish I could afford more than ten pounds, but as they say, every little counts - even the widow's mite.