Give more with Gift Aid
If you are a UK taxpayer and agree to Gift Aid your donation, The Prince's Trust can reclaim the tax on your gift. For eligible donations this increases the value of your donation by 25p for each £1 you have given.
It is really easy to Gift Aid your donations – all we need is a Gift Aid declaration. This can cover just one donation, or can include all of the donations you make in the future. It can also cover all the donations you have given in the last four years.
You can make a Gift Aid declaration now using the form below. Please remember to tell us your first name and surname, and your home address.
Want to post us your Gift Aid declaration instead? Download this form (pdf, 210kb)and post it to:
The Prince’s Trust
FREEPOST RTCR – EXSX – JECC
Prince’s Trust House
6-9 Eldon Street
Alternatively, you can phone us on 020 7543 1384 to make a declaration over the phone, Monday to Friday 9am-5pm.
With Gift Aid:
- A £20 donation becomes £25
- A £100 donation becomes £125
- A £5,000 donation becomes £6125
Gift Aid is tax relief on your donations
Gift Aid allows The Prince's Trust to take a donation (money that a donor has already paid tax on), and then reclaim the tax on its 'gross' equivalent (its value before tax was deducted) at the basic tax rate. Since April 2000 this has been 20 per cent.
In practice this means that for every pound donated to The Prince's Trust using Gift Aid, we can claim an additional 25 pence from HMRC.
Who can donate through Gift Aid?
You can Gift Aid a donation if it is your own money that you are giving us, and if you have paid sufficient UK income tax or capital gains tax to cover the amount that we are reclaiming.
Higher rate taxpayers
A higher rate taxpayer who makes donations through Gift Aid can claim back the difference between the higher rate of tax at 40 per cent they have paid, and the basic rate of tax at 20 per cent that The Prince's Trust will claim.
Donors who complete a Self Assessment tax return can use the Gift Aid Donations section of the form to list the Gift Aid donations made within the year. HMRC will calculate the value of the tax relief eligible, and this will be added to your next year's tax allowance through an adjustment to your tax code. Donors who do not complete a Self Assessment tax return can call their tax office to have the higher rate relief reflected in their PAYE tax code.
Donations from Limited Liability Partnerships (LLPs)
We can also Gift Aid donations from LLPs. All we need is an LLP Gift Aid declaration completed by a senior partner at the firm who has the authority to make a declaration on behalf of all the partners. To be Gift Aidable, the LLP donations need to be made via cheque, credit card or BACS transfer.
The partners can claim tax relief on the LLP donation when completing their Self Assessment tax return.
Donations to sponsor an event participant
If you have a friend or family member taking part in a Prince's Trust event and you would like to sponsor them with a Gift Aid donation, we would encourage you to use our preferred online fundraising platform JustGiving.
Ask the participant for the link to their JustGiving page and you can then donate securely online, and pledge Gift Aid at the same time.
If you would prefer not to donate online in this way, you can make a Gift Aidable sponsorship donation over the telephone by calling us on 020 7543 1384. Our team is here Monday to Friday, 9am to 5pm.
If you are not a UK taxpayer, then unfortunately you cannot use Gift Aid. If this is the case, let us know and we won’t keep asking you about Gift Aid.
For more information about Gift Aid, please don't hesitate to get in touch.