To qualify for Gift Aid, you must pay an amount of UK Income Tax and/or Capital Gains Tax at least equal to the tax that ISKCON reclaims on your donations in the appropriate tax year(currently 25p for each £1 given)*.
- You can cancel this Declaration at any time by notifying the charity
- If your circumstances change and you no longer pay enough income or capital gains tax to cover the amount claimed by the charity, please contact the charity/CASC
- If you pay tax at the higher rate, you can claim further tax relief via your Self Assessment tax return (currently 25p for each pound you give)**
- Please notify the charity if you change your name or address
*Gift Aid is linked to basic rate tax. Basic rate tax is currently 20%, which allows charities to reclaim 25 pence on the pound.
** Higher rate taxpayers can claim back the difference between basic rate and higher rate tax.