Gift Aid is a government scheme that allows nonprofits to reclaim the basic rate tax, currently 25%, that donors pay as UK taxpayers. Through a series of eligibility checks, Philantro determines qualified donors and provides a user-friendly manner for securing and managing Gift Aid declaration.Get Started Today
Every eligible donors is provided an opportunity to declare Gift Aid.
Philantro employs HMRC's eligibility criteria to ensure a donor qualifies.
Donors can make adjustments or cancel Gift Aid via Donor Self-Service.
Declaring a Fair Market Value indicates a donor benefit. HMRC invalidates claims if a given benefit value surpasses the applicable threshold. To assist with submissions, Philantro proactively flags declarations with potentially invalidating donor benefits for your personal review.
While HMRC doesn't provide an official Gift Aid declaration form, standards do exist. Philantro validates donor data as to aid with traceability, creates a compliant declaration for donor / nonprofit records and provides notifications in the event of declaration or donor data changes.
The donation form follows a logical flow of order that ensures the opportunity to declare Gift Aid is provided to all eligible donors.
Philantro's passive quantifiers screen for eligible donors while an explicit quantifier screens for eligible donations. The two phase approach ensures the donation form flow is streamlined for eligible and non-eligible donors alike.
If a donor wishes to update their Gift Aid declaration, Philantro's Donor Self-Service provides an opportunity for donors to update their name, home address or cancel if they longer pay sufficient tax on their income and/or capital gains.
If a donor has made an eligible donation without providing a Gift Aid declaration, Philantro provides a way to make adjustments via Donor Self-Service. All qualifying donations within the last four years can still be claimed once a declaration is made.