Gift Aid is one of the easiest ways to make your donation tax effective. If you are a UK tax-payer, 25% will be added onto your gift at no cost to yourself, simply by ticking the Gift Aid box on the donation form.

Please use the calculator below to find out exactly how much your gift could be worth


{source}

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function computeForm(form) {

calcrate = (form.basictax.value / (100 - form.basictax.value))+1;
money= 100 * form.donation.value * calcrate;
money= (Math.round(money))/100;
form.amount.value = money.toFixed(2);

highrate = 40;
claimback = 100* money * ((highrate - form.basictax.value)/100);
claimback= (Math.round(claimback))/100;
form.highrec.value=claimback.toFixed(2);

highrate45 = 45;
claimback45 = 100* money * ((highrate45 - form.basictax.value)/100);
claimback45= (Math.round(claimback45))/100;
form.highrec45.value=claimback45.toFixed(2);

}
// -->
</script>

<div align="left">

<form method="POST">
<p>
Proposed Donation: &#163; &nbsp;<input type="text" size="8" name="donation">&nbsp;&nbsp;&nbsp;Basic Tax Rate (%)&nbsp;<input
type="text" size="4" name="basictax" value="20"></p>
<p><input type="button" value="Calculate"
onclick="computeForm(this.form)"> <input type="reset"
name="Reset" value=" Reset "></p>
<p>Full Value with Gift Aid: &#163; &nbsp;<input type="text" size="8"
name="amount"></p>

<p>If you pay a higher tax rate of 40% then you may reclaim higher rate relief of: &#163; &nbsp;<input
type="text" size="8" name="highrec"></p>
<p>If you pay a higher tax rate of 45% then you may reclaim higher rate relief of: &#163; &nbsp;<input
type="text" size="8" name="highrec45"></p>
</form>

</div>

{/source}

In addition, if you are a higher-rate tax payer, you can reclaim £2.50 on every £10 you donate, simply by entering the details on your tax return.

At the 40% tax rate, you can claim the difference between the higher rate of tax 40% (and/or 45% from 6 April 2013) and the basic rate of tax 20% on the total 'gross' value of your donation to the Calne Foundation. Click here for the Inland Revenue information of Gift Aid calculations.

So, for example:

Single Gift (Higher rate tax payer at 40%)

Gift
Net Cost to Donor
Gross Value to The CFT
£250
£187
£312
£1,000
£750
£1,250
£10,000
£7,500
£12,500

 

Multiple Gifts (Higher rate tax payer at 40%)

Gift

Frequency

Duration

Net Cost
to you

Gross Value
to the CFT

£10 per month 3 years £7.50 p.m. /
£270 over 3 yrs
£12.50 p.m. /
£450 over 3 yrs
£20
per month 7 years £15.00 p.m. /
£1,260 over 7 yrs
£25.00 p.m. /
£2,100 over 7 yrs

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