It has taken me half an hour to get nearly ?250 in sponsorship for doing Tough Guy. That’s just from a few people in my department and I have at least fifty people in the rest of the company to go. It started well with some of the managers donating ?20 each but as soon as we got to my team, the average plummeted to a fiver. Cheers guys! >:-/
I have only had one argument about Gift Aid from a stubborn wench who refused to tick the Gift Aid box because “I don’t want to have to go through the hassle of declaring it on my tax return.” Yeah, right, cheers for your generosity, love.
The situation with Gift Aid is this: if you are a UK taxpayer then a charity can claim a tax refund from any donation you make. This works out at 28p on every pound. In other words, for every pound you donate, the charity receives ?1.28.
If you’re a higher rate tax payer then you are eligible to claim back more tax from any donations you’ve made. So, for example, if you donate ?100 to a charity, the charity receives ?128.21 and you, being a higher rate tax payer, can claim back ?23.08 meaning that you have only paid a total of ?76.92.
Of course, there’s no explaining this to this woman who is one of those people who is right about everything. *sigh*