Gift Aid Claim Filing
Gift Aid Claim Filing
Our Gift Aid Claim Filing is a bespoke service and is only available by contacting us at customerservices@primeformation.co.uk or calling us on 0333 533 0264.
Gift aid is a UK tax incentive scheme managed by HMRC on behalf of the UK Government which allows Charities to reclaim the tax already paid on donations. Individuals give donations through their income, wages, salaries or the sale of capital assets subject to Capital Gains tax.
Tax relief on donations made can be reclaimed by the charity receiving the donation.
Gift Aid can be reclaimed as follows:
- Manually by Post using Form CHR1
- Online using the Charities Online Service
- Using Commercial software that works with Charities Online
When is a donation eligible for Gift Aid?
The eligibility of a donation for Gift Aid is dependent on the following:
- It must be a monetary donation- donation by cash, card payments and bank transfers, not gifts of good and services
- Donation must be made to a UK or EU/EEA recognised Charity
- The donor must give the Charity a valid Gift Aid declaration in respect of the donation. The declaration can be given 4 years after the act, at the same time as the donation is given, or before the donation was given
- The donor or a connected person to the donor such as a family member or spouse must not receive a substantial benefit as a result of the donation
Having understood the basics of Gift Aid claims it is important to note that Gift Aid on donations can be claimed at any point within 4 years of the donation being received.
Gift Aid Claim Filing
Once you place an order for this service, we would send by email a Gift Aid Questionnaire detailing what we require to produce the Gift Aid Schedule and determine how much tax can be reclaimed. We would need to assess Gift Aid Declarations from donors, Bank statements for the relevant tax period, Cash/Cheque offering envelopes, an explanation of the Charity’s audit trail of the transactions amongst others.
The Gift Aid Claim Filing can be delivered under two different time regimes:
Regular Service £425.00 Plus VAT per claim period
If we receive all answers to our requests, the Gift Aid Claim Form would be available for HMRC submission within 30 working days and our charge for this service is £425.00 plus VAT per claim period. Please note that this Gift Aid Claim service is for Charities and CASCs with a turnover not exceeding £150,000.
Fast Track Service £675.00 Plus VAT per claim period
If we receive all answers to our requests, the Gift Aid Claim Form would be available for HMRC submission within 10 working days and our charge for this service is £550 plus VAT per claim period. Please note that this Gift Aid Claim service is for Charities and CASCs with a turnover not exceeding £150,000 per annum.
All Your Questions Answered
Price range: £595.00 through £795.00
Order Process
1. Select a Service Package:
Start by browsing the product page to find the service package that best suits your needs. Once you’ve made your selection, click the “Add to Cart” button to include the package in your shopping cart.
2. View Cart & Checkout:
After adding the package to your cart, you can review your selections by clicking on the cart icon or the “View Cart” button. Here, you can modify the selected package if needed. Once you’re satisfied, click the “Proceed to Checkout” button.
3. Login/Create Account & Enter Details:
If you already have an account, log in using your existing credentials. If you’re a new customer, you can create an account or choose to continue as a guest. Next, enter your billing and shipping details to ensure accurate delivery and billing information.
4. Payment & Order Confirmation:
Choose your preferred payment method and enter the necessary payment information. Finally, click the “Place Order” button to complete your purchase. You’ll receive a confirmation message on the screen and an email with your order details.
Need Assistance?
If you have any questions about our products and services, please don't hesitate to contact the Prime Formations team. We're here to assist you with any inquiries you may have.
