Assuming that you work in a ltd company set up with low salary and dividends up to the threshold. Are you a "UK tax payer" for the purposes of gift aid?
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Gift Aid
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Yes. But only to a certain limit... like you can only reclaim gift aid on giving up to your salary, hopefully someone can clarify more precisely. Unless you are giving rather serious amounts, you are OK though, is the key point. I give relatively high amounts - 10% of my personal income - and checked this with my accountant in the past.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
Yes. You just need to make sure the tax credit is enough to cover the gift aid amount that will be claimed by the charity, otherwise you'll end up paying the gift aid back yourself via your tax return.Comment
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Originally posted by Clare@InTouch View PostYes. You just need to make sure the tax credit is enough to cover the gift aid amount that will be claimed by the charity, otherwise you'll end up paying the gift aid back yourself via your tax return.Comment
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Originally posted by ASB View PostI just wonder how and if that is policed. When I've done bits of gift aid I sign the declaration, but how in practical terms, can they genuinely check these all back to the tax payer. I mean the national trust make their claim and send back 20,000 declarations. Are they really going to bother?Comment
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