What is Gift Aid?
Gift Aid is one of the simplest and most effective ways of giving to charities.
The scheme was introduced by HM Revenue & Customs enabling charities to reclaim the basic tax you pay as a UK taxpayer.
This means that via Gift Aid, for every £1 that you give Yorkshire Sculpture Park can reclaim an additional 25p from HM Revenue & Customs, in lieu of the tax you have paid. You must be a UK taxpayer to do this.
A £10 donation with Gift Aid is worth £12.50.
Why can Yorkshire Sculpture Park claim Gift Aid donations?
Yorkshire Sculpture Park is a registered charity, Charity No.1067908. All income from ticket sales, trading and donations goes directly towards delivering our charitable objectives. This includes bringing world class art to the Park, to the upkeep and preservation of the historic landscape and safeguarding and supporting wildlife and protected environments.
Can I donate Gift Aid?
You can donate Gift Aid if you are a UK taxpayer and you have paid income tax or capital gains tax that is at least equal to the amount of tax that all the charities you give to will claim on your Gift Aid donations, in the year that they are received.
Council Tax and VAT do not count as tax for Gift Aid purposes.
I am a pensioner, can I donate Gift Aid?
Income from state pensions alone may not qualify as you would need to earn above the personal allowance threshold to pay income tax.
If this is your only source of income you can check with your tax office before giving Gift Aid.
Do I have to do anything else?
No – we reclaim the tax directly from HM Revenue & Customs. You just need to confirm when buying an eligible ticket or making a donation that you are a UK taxpayer, this is called making a Gift Aid declaration. YSP will keep your declaration on file for two years and will claim Gift Aid on all donations made in this time until you ask us not to.
To ensure that you continue to pay enough tax to cover the donations you make under Gift Aid to YSP you can ask for a Gift Aid statement by emailing firstname.lastname@example.org