Don't Know Where To Put This........

[Jeza]

Question, so I'm sure chat people will know.

When you donate give to "just giving" and they ask for gift aid does the amount you give have to come out of an account you pay tax on? Hope that makes sense. I am a tax payer.

[humbersloop]

no Jeza, you don't pay any tax on the donation but the recipient can claim tax relief on their own account for the income

hope all' s well

[Jeza]

Thanks humber. I have just given to the boy who is sadly on his way out. I knew the tax allowance was not for me but I donated out of my current account. So they can claim it back?

I am okay, you have to be don't you.

[humbersloop]

yes, they can Jeza

you will be, hope it's b&c and peaceful me time for a while for you ;x)

[Jeza]

Me time yes. B&C time, not till I'm showered and ready for bed.

[ferlew]

I'm a mardy mare, I have my V&T in the evening, and shower in the morning. :)

[boxtops]

Jeza, they don't take the money physically from anywhere at the time of the donation, you just pay for the amount you are donating - then HMRC allow for the Gift Aid on your tax coding. When I do my tax return, I send them a list of donations throughout the year on which I've ticked the Gift Aid box, and it's adjusted on my tax code.

[Jeza]

What ever is right for you ferlew.

How are you? How is your husband and son. Don't mean to be nosie.

[humbersloop]

do what gets you through Jeza

[Jeza]

Thanks for that Boxy. I now understand.

[Canary42]

You must be paying Income or Capital Gains tax in order to use Gift Aid.

[ferlew]

Hubby is reasonable Jezza, ta.
Son is such a problem, still trying to sort his bits and bobs.
We have another CBT appt Tues, 3pm. Hoping this will give me time to get him out of his flat.
Been promised a MHA for him.

[Daffy6543]

http://www.justgiving.com/stephen-sutton-TCT

I donated yesterday, if anyone else feels they can afford a couple of pounds the link to do so is above.

This is Stephen's story:

http://www.stephensstory.co.uk/

[Jeza]

Ferlew, glad things are looking up for you though I will admit to not understanding the abbreviations.

Daffy, that's the one I donated to after seeing it on the news.

[ferlew]

Sorry, CBT = cognitave behavioural therapy
MHA = Mental Health Assessment.

[Daffy6543]

I guessed it was Jeza, thats why I posted the link :)

I admit that this particular young man has touched my heart in a way that many of these appeals don't. I think it may be because he resembles my son quite a bit and is a similar age.

I think for him to be thinking of others with his fundraising at a time like this shows a great spirit. I'm so glad he has more than doubled what he wanted to raise.

[Jeza]

Thanks ferlew

shower done hair washed. Now B&C time. Cheers.

[Jeza]

daffy did not ignore you. One finger typist here. that is the young man. I wish him all that is good in this world.

[factor-fiction]

Hi boxtops- I think what you are referring to is when you claim back via your tax form the difference between higher rate and basic rate on gift aid. Gift aid for a basic rate tax payer doesn't need to be recorded on a tax form- the recipient just claims the money based on your having ticked the 'gift aid' box to confirm you're a taxpayer

[starone]

Daffy - what a brave young man and what a huge amount he has raised for Teenage Cancer Trust. Wish I could afford more than ten pounds, but as they say, every little counts - even the widow's mite.

[Peter Pedant]

ff exactly

if you pay at a higher rate - there is a box in the tax form -and you can send the rest of the relief onto the charity or claim it back yourself

wh I always do as the tax man claims enough from me anyway.

If you dont pay tax you cant do gift aid ( actually the amound of tax you pay has to be at least equal to the gift )