What is Gift Aid? A government scheme Encourages giving to charities Allows the charity to claim back 25p in every 1 donation from the tax man

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Transcription:

Gift Aid Training

What is Gift Aid? A government scheme Encourages giving to charities Allows the charity to claim back 25p in every 1 donation from the tax man

The Gift Aid Steps Step 1: Find someone to help you if you don't have the time to do it yourself Step 2: Register your unit with HMRC Step 3: Set up a Gift Aid record Step 4: Check your unit's accounts to ensure the correct records are being kept Step 5: Get the Gift Aid declarations signed (ongoing) Step 6: Make you claim to HMRC and receive your payment Additional: Making changes to your account

Step 1: Finding help

Step 1: Finding help

Step 2: Register with HMRC Form: Gift Aid Certificate for England and Wales Members Area Running Your Unit Finance & Insurance Gift Aid

Person signing the Gift Aid claims Two other people responsible for the unit

This section completed by Girlguiding

Email completed form to giftaid@girlguiding.org.uk Girlguiding will return signed form and HMRC application form

Email completed form to giftaid@girlguiding.org.uk Girlguiding will return signed form and HMRC application form When you receive these forms you will need to: Complete the bank account details Get each person to sign to confirm their details Get the applicant to sign on the final page

Email completed form to giftaid@girlguiding.org.uk Girlguiding will return signed form and HMRC application form When you receive these forms you will need to: Complete the bank account details Get each person to sign to confirm their details Get the applicant to sign on the final page You will then need to post the following to HMRC The completed and signed Gift Aid application The unit's HMRC Charity Registration certificate A copy of the unit's most recent bank statement A copy of your latest year end unit accounts

You will receive a letter from HMRC confirming that you can claim Gift Aid.

You will receive a letter from HMRC confirming that you can claim Gift Aid. You can now celebrate!!

Step 3: Set Up Records Step 4: Check Unit Accounts Unit accounts should include: Name of the person making the payment Date the payment is received Amount received What it was for

What can you claim? Subs Census Income Donations Joining Fees Expenses donated back to the unit Not money paid for: Trips/outings Residentials, etc Books, Uniform, etc

Step 5: Declarations Signed Ongoing process Form: Starting leaflets Form: Gift Aid Declaration Download forms from Girlguiding website

Step 6: Make Your Claim Three options for claiming now Options 1: Claim using Online Form Can be used to make a claim for up to 1000 gift aid donors Perfect for Guiding claims Option 2: Claim through your own database Aimed at larger organisations where they make bulk claims on a regular basis. Not relevant for Guiding Option 3: Claim using a paper form Aimed at those with no access to the internet

Preparing the Claim Info Anne's Intermediate Spreadsheet Download spreadsheet from 1 st Coaley Brownies website

Form: ChR1 Claim form Form: ChR1CS Continuation sheet Ordered from HMRC Charities helpline Designed to be scanned in by HMRC into the new system and speed up payment No limit to number of claims on one form HMRC Charities helpline Open 8am 5pm Monday to Friday 0845 302 0203 Option 3: Paper Forms

Option 1: Claiming online Register with HMRC online service www.online.hmrc.gov.uk Activate your account Make your claim online

Additional: Record Keeping How long to keep records: Declarations 6 years after the last year the claim is made for Eg the claim for 2015 account must be kept for 2016, 2017, 2018, 2019, 2020, 2021 and can be destroyed in 2022! How to keep records: Print outs of record of subs, confirmation page of HMRC website, etc stapled as one thing and filed in year order. Declarations filed in alphabetical order by child's surname At the end of each year, go through the declarations and write the year on the top of each form that you have claimed for. Then look through your declarations, work out which year you can now destroy and remove and that only have years before then.

Additional: Making Changes with HMRC Form: ChV1 Amendment Form Available from HMRC website Must be done at least 30 days prior to making a claim