MegaSack DRAW - This year's winner is user - rgwb
We will be in touch
Just wondering if anyone knows the answer to this.
Having recently done self assessment for only the second time, I noted that there's a box in it for any charitable donations that you may have made. Unfortunately this wasn't applicable, but on subsequent family days out, I've been asked if I wish to "gift aid" the entry to various family attractions (Zoos, Activity centres ETC) that are run as charities.
So the question is, would these gift-aided (ie: "donations") count as that on a Self Assessment form?
I could log back into HMRC, and look at the notes, or try to find a link to the guidance (which isn't linked to from the forms) but thought it'd be quicker (easier) to just ask the STW HiveMind...
Cheers,
Keith
Yes. The charity will claim back basic rate tax on your gift-aided donation. If you're a higher rate tax payer, you can claim back the difference between basic and higher rate tax on the contribution via self assessment. If you pay basic rate, including it on your SA will make no difference.
I noticed this too. Â Do you need to keep / submit receipts to prove you did. Â plus do you need to submit the exact amount I can't remember all off the gift aids to the nearest pence...as it's not really a lot but it all adds up.
going forwards I'm keeping the receipts
When I last did SA online there was a page specifically for GiftAid stuff. Â They've never asked for receipts but I keep a note of what I paid and have an itemised bank statement ...
dt78 - the form itself does not ask for any details just a total as far as I recall. However they could pick you as a lucky person for audit/investigation and if you can't back it up with proof at that stage expect them to make the error of your ways painfully obvious to you.
I have always assumed that the reason they ask for the total and no details is that they will have those from the charity that is claiming your tax back.
If you get audited, they will ask to see records for everything.