Giftaid FAQs

How does Gift Aid work?

It's simple. As soon as you give your permission by completing a Gift Aid declaration form, we can claim the tax back on your donation. This means that a £10 donation will be worth £12.50 and for every £50 gift, we will actually receive £62.50.

 

Do I have to give regularly?

No. We can claim the tax back on a donation of any amount that has been made to us in the last four years. It doesn't matter whether you make a one off donation or set up a regular standing order or direct debit. A single Gift Aid declaration will cover all future donations that you make to Our World Educational Trust.

 

Am I eligible for Gift Aid?

If you are a UK tax payer, yes. Even if you are not employed, you are still eligible if you are paying tax on any of the following:

  • Personal or occupational pension

  • Stocks and shares

  • Bank and building society savings accounts

  • Rental income

  • Overseas and UK investment dividends.