How can you make your donation to The Prince’s Initiative worth even more, without spending more?
If you are a UK tax payer, you can make every £1 you give – or have given – worth 25p more, just by telling us. This is because the government’s Gift Aid scheme allows us to reclaim tax on donations. This means that you can make an even bigger difference to over 50 entrepreneurs at no extra cost to you!
Who can use Gift Aid?
For your donations to be eligible for Gift Aid you must pay an amount of income tax and/ or capital gains tax for each tax year (6 April one year to 5 April the next) that is at least equal to the tax that The Prince’s Initiative reclaims on your donations in the same tax year.
If you pay higher rate tax you can claim further tax relief in your Self Assessment tax return.
If you do not pay tax you should not use Gift Aid.
How to Gift Aid your donation to The Prince’s Initiative
If you make a donation online, you can tell us whether you want to Gift Aid your donation simply by ticking the box on the form. If you are making a donation by post, then download the form found here and pop it in the post with your donation.
If you call to make a donation, speak to our fundraising team to find out more on 0845 862 2023 or email email@example.com