Please note: the tax consequences of your donations should be discussed with your financial adviser as Anti-Slavery International cannot advise you on your personal circumstances.
UK tax payers
Gift Aid
Gift Aid allows charities like Anti-Slavery International to claim the basic rate of tax on donations received from UK taxpayers. The basic rate of income tax is currently set at 20%. This is how it works:
- Suppose you give Anti-Slavery International £10,000
- Anti-Slavery International is able to reclaim from HMRC (Her Majesty’s Revenue and Customs) the basic rate tax you will have paid on the income you have donated to Anti-Slavery International.
- This is calculated as 20% of £12,500 (the gross amount of your gift), i.e. £2,500
- The total that Anti-Slavery International receives is therefore your £10,000 plus £2,500 Gift Aid, i.e. £12,500
Declarations can be given in writing, either by post or email, by phone and when making a donation online. Or you can do so online here. If you have not yet made a Gift Aid declaration to Anti-Slavery International, please call or email us confirming you are a UK tax payer and we’ll send you a Gift Aid Confirmation letter.
Payroll Giving
To set up a regular donation via your payroll, please complete this payroll giving online form and send it to your employer.
Higher Rate Tax Payers
Gift Aid also allows higher tax rate payers to claim tax relief for themselves through their tax return, in respect of the tax they have paid over and above basic rate tax. The higher rate of tax is currently 40%. This is how it works:
- Suppose you give Anti-Slavery International £10,000
- Anti-Slavery International reclaims Gift Aid as above, so your gift is now worth £12,500
- In addition, you can also claim higher rate tax relief for yourself.
- This is calculated as 40% (the higher rate) minus 20% (basic rate) of £12,500 (your gross donation), i.e. £2,500
- So, in effect, your gift, which is worth £12,500 to Anti-Slavery International, has only cost you £7,500.
Additional Top Rate Tax
Similar considerations apply for people on the highest incomes, who pay tax at the top rate. The tax relief works in exactly the same way and reduces the net cost even further.
Carrying Back Gift Aid Donations To The Previous Tax Year
It is possible for Gift Aid donations to be treated as being paid in the previous tax year – providing you paid enough tax that year to cover both any Gift Aid donations you made that year to any charities and Community Amateur Sports Clubs (CASCs) you donate to, and the donations you want to backdate.
Claiming Gift Aid On Donations Made In Past Years
It is also possible for Anti-Slavery International to reclaim tax paid on donations before this tax year – providing you paid enough tax in the year in question to cover the Gift Aid on a donation for which Anti-Slavery International, and any other charities and Community Amateur Sports Clubs (CASCs) you donate to, is making a tax claim.
Tax Returns
There’s one more thing that higher- or top- rate taxpayers can do if they wish: namely, to donate this tax relief back to Anti-Slavery International, making their gift worth even more. The Inland Revenue enables you to give to charity through your tax return. All you have to do is to quote the reference X7389 and nominate Anti-Slavery International as the recipient of your tax repayments.
Share Giving
For information on gifts of shares and associated tax relief.
For further information on Gift Aid HMRC guidelines about Gift Aid.
US tax payers
We are registered with CAF America and as such can take advantage of their tax-exempt status under Section 501 (c)(3) of the Internal Revenue Code of the United States. If you are a US tax payer and wish to make a tax efficient donation to Anti-Slavery International, please print this CAF America donation form.
If you are an individual paying tax in the UK and US, you could find that the US tax rules invalidate UK tax breaks on charitable giving and vice-versa.