If you have ever wanted to collect Gift Aid in your Charity Shop, but were unsure how to do it, you have come to the right place !
Here at GAIN we have developed a simple but effective online system that will allow you to capture the correct information for goods sold under Gift Aid, and prepare this information so that a claim can be correctly submitted to HMRC.
As you are aware, there are two main options for operating Gift Aid for Charity Shops (See below for more details **)
If you would like to know more about this system, and obtain a username and password so that you can try out the system at no charge, please complete the enquiry form below
** Brief Overview of Standard Method, Method A and Method B
In the Standard Method an indivdual takes goods to a charity shop and agrees that the shop will act as their agent in selling the goods. A Gift Aid Declaration is completed by the donor. After the goods are sold, the charity shop writes or emails the donor that the goods have been sold, the amount and that the charity proposes to treat this as a Gift Aid donation. If the charity shop does not hear anything to the contrary within 21 days the proceeds may be treated as a Gift Aid donation.
Methods A and B have been designed to allow Charity Shops to claim Gift Aid without recourse to the donor, subject to certain requirements, the main one being that the net proceeds are limied to £100 for Method A and £1000 for Method B in any tax year. If the shop is operated by the charity directly, the Standard Method or Method A can be used. If the shop is operated by a separate entity then the Standard Method, Method A or Method B can be used
NOTE THIS IS A VERY BRIEF EXPLANATION FOR INFORMATION ONLY . PLEASE CONSULT WITH HMRC TO DETERMINE YOUR OWN REQUIREMEMNTS.
This is our new online tool for Gift Aid small charity shops
Now you can scan your Gift Aid Declarations AND know that we have checked them for compliance and provided you with corrective action when found to be invalid
Contact Us for a FREE sample demonstration of your Gift Aid Declaration
If you have any queries or would like further information, please contact us:
Tel: +44 020 88681307+44 020 88681307
GAIN Gift Aid Consultancy
51 Love Lane
Or use our contact form.