Live chat

 AdvantageNFP Blog

AdvantageNFP

Powerful & Intuitive Fundraising CRM Database Software

What Are Aggregated Gift Aid Donations?

You can ‘aggregate’ (add together) donations of £20 or less from assorted donors and present them as a single monetary income item. The total donation on one line cannot be higher than £1,000. (You will need to keep evidence of the individual donations and that they are gift aid applicable).

To claim Gift Aid on aggregated donations, you don’t enter the name and address details of individual donors as this will delay your repayment claim, you can just enter a straightforward description like ‘Wednesday club donors’, the date of the last donation and the total amount raised. This saves valuable time in the data input process without losing any Gift Aid income.

AdvantageNFP Fundraiser users can now combine batches of income, such as donations, that are valid for the claiming of Gift Aid into a single monetary income item, which can subsequently be included in the next Gift Aid online claim.

To read the HMRC rules around Aggregated Gift Aid claims please take a look at the following page on their website, specifically the “Aggregated Claim” section at the end of chapter 6.6: https://www.gov.uk/government/publications/charities-detailed-guidance-notes/chapter-6-claims-and-returns

This indicates that only donations up to the value of a maximum threshold (currently £20.00) can be included in an aggregated donation and that you should keep an audit trail linking the aggregated donation input in AdvantageNFP Fundraiser to the paperwork proving that all donors in the aggregated donation provided Gift Aid Declarations and that each donation was no more than the maximum threshold.

The maximum total amount of a single aggregated donation that can be input into AdvantageNFP Fundraiser is set at £1000 per tax year.

This could also be particularly useful now GDPR has come into force, in that some new donors may indicate that they do not wish to be contacted yet provide a Gift Aid declaration. In this instance you could decide to combine that donation with any other such supporter donations in AdvantageNFP Fundraiser and not create such supporters as new parties within the database.

Posted 12 weeks ago

Browsing Archive: May, 2014

World Cup Fever!

Posted by Redbourn Business Systems on Friday, May 23, 2014, In : Fundraising 



The World Cup 2014 is nearly upon us, what are you doing to mark the occasion and raise funds for your charity or not for profit organisation?

To help celebrate and get into the spirit or the World Cup, the AdvantageNFP Team are holding a sweepstake. We will be pulling teams out of a hat and each hoping we hold the winning team.

To make it more fun and to get all our customers involved we are going to put our customers’ names in another hat and for each country pulled out we will pull a custo...


Continue reading ...
 
 
blog comments powered by Disqus

 Redbourn Business Systems© 2019

Print Friendly and PDF