Add More Value To Your Donation
If you’re a UK taxpayer, you can use Gift Aid to make your donations go further by completing a Gift Aid Declaration. If you do, The Institute of Cancer Research will receive an additional 25p for every pound you give through tax relief and at no extra cost to you. For gifts not eligible under the 3:1 match funding scheme, the Government will also add a further 3p under transitional arrangements to allow charities to adjust to the fall in basic rate tax from 22% to 20% as of 6th April 2008 in April 2008.
Higher rate tax payers
If you pay tax at the higher rate, you can reclaim tax relief, through your Self Assessment tax return, at 20% (ie the difference between the higher rate of 40% and the basic rate of 20%).
For example, if you give £100 we will receive an extra £28 and you can reclaim another £25. Therefore, The ICR receives £128 at a cost to you of £75.
What to do next
Please complete the Gift Aid Declaration on the donation form, if:
- you are a UK taxpayer
and
- the amount of income or capital gains tax that you pay at least equals the tax that we reclaim on your donation (basic tax rate currently 20%).
The standard Gift Aid wording on our forms only applies to donations made in the 6 years prior to the date of declaration and any future donations.
Please notify us if you change your name and address while the Declaration is in force.
You can cancel the Declaration at any time by notifying us, eg if your circumstances change and you are no longer paying tax on your income or capital. The Declaration will then not apply to donations you make on or after the date of cancellation or such later date as you specify.
If you wish Gift Aid to cover only the donation that you are currently making, please make it clear on the form.
If you are unsure about whether your donations qualify for Gift Aid tax relief, you can call the Inland Revenue on 0845 302 0203 and ask for the Gift Aid notes or visit their website.
