Gift Aid - Make your donation go further
In the year 2000, the Government introduced a number of tax breaks meaning that all charities and their supporters could benefit from tax relief on charitable donations. If you are a UK taxpayer, you can help us make the most of your donations by considering the way you support us.
Gift Aid - Will turn £1 into £1.28
for every £1 you donate to the Devon Horse & Pony Sanctuary through the Gift Aid system we can claim an extra 28p from the Inland Revenue to spend on our horses and ponies at no extra cost to yourself.
Gift Aid allows the sanctuary to reclaim the basic rate of income tax on donations . If you wanted to donate £10, this would allow us an extra £2.80 .
What's more is if you are in the higher tax rate, you would be eligible to claim tax relief of 23p back from every pound donated
If you wanted to donate to us through your payroll, the donation is taken from your salary before you are taxed, so the amount of income tax you pay is reduced. The other good news is that the Devon Horse & Pony Sanctuary will receive 10% more from the Government from all Payroll Giving donations.
So, if you're a standard rate taxpayer and you donate £10 a month from your payroll, it will only cost you £7.80 - or £6 for a higher rate taxpayer and then we receive £11.
Please ask your employer about Payroll Giving.
Gifts of Shares can help us help you. If you give listed shares to us, you will qualify for income tax relief. To explain, if you are a standard rate taxpayer and you donate £1,000 of shares, you would get £220 knocked off your income tax bill or £400 if you are a higher rate taxpayer. On top of that, you won't be liable for tax on any capital gains.
If you wanted to know more about Share Giving or leaving a Legacy please take a look at the CAF (Charities Aid Foundation) website