Gift Aid

Gift Aid allows a UK income or capital gains tax payer to boost the amount that he or she gives to a charity without it costing them anything. it allows a charity to reclaim money from HM Revenue and Customs (formerly known as the Inland Revenue) equivalent to the tax paid at basic rate tax. There is no extra cost to the giver, and all you have to do is make a Gift Aid declaration to the charity.

How much would my donation become?

At current tax rates (22%), Gift Aid will allow the charity to boost the value of a donation by approximately 28%. So, for example, if you make a gift of £100.00, at current tax rates this will equivalent to giving Normandy Vision a gift of £128.21.

Use the simple Gift Aid Calculator below to find out how much your gift to Normandy Vision could be worth if you complete a Gift Aid Declaration. Simply enter the amount you are thinking of giving to Normandy Vision, press the Calculate button, and see the total amount that Normandy Vision will receive after reclaiming tax from HM Revenue and Customs.

If you wish to increase the amount you give to Normandy Vision at no extra cost to yourself, and if you pay income tax or capital gains tax in the UK sufficient to cover the amount that can be reclaimed on your gift, simply fill in the Gift Aid Declaration section on the donation form that is available on this web site - see above for the link.

What if I am a higher-rate tax payer?

Normandy Vision will still only be able to claim back tax from HM Revenue and Customs at the current basic rate of tax, but as a higher rate tax payer you will be able to directly claim money back from HM Revenue and Customs on the gift that you have made. If you declare your donations on the annual self-assessment form, you will be able to receive a rebate from HM Revenue and Customs equal to the difference between the higher tax rate and the basic tax rate.

At current tax rates of 22% basic rate and 40% higher rate, a gift of £100.00 will be equivalent to making a gift of £128.21 to Normandy Vision, and after reclaiming back the extra tax paid, this gift of £128.21 will in effect have only cost you £76.92, which means you have increased the value of your gift of £76.92 by 66%, which is approximately two-thirds.

Use the simple Gift Aid Calculator below to find out how much your gift to Normandy Vision could be worth if you complete a Gift Aid Declaration. Simply enter the amount you are thinking of giving to Normandy Vision, press the Calculate button, and see the total amount that Normandy Vision will receive after reclaiming tax from HM Revenue and Customs, and the amountthat you will be able to reclaim when you declare your donation in your annual self-assessment form that you return to HM Revenue and Customs.

For further information

Further information can be found on the HM Revenue and Customs web site: Giving to charities by individuals.

Alternatively ask for more information from your local tax office, from your accountant or from your financial adviser.