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What Are Aggregated Gift Aid Donations?

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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 4 weeks ago

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 34 weeks ago

Going for Gold!

Posted by Redbourn Business Systems on Friday, August 3, 2012 Under: London Olympics & Fundraising

Going for Gold!

The Olympic Games and Paralympic Games have a unique power to inspire all of us as individuals.  It also provides great opportunities for charities and not for profit organisations to attract more funds and raise profiles.

Has your organisation got into the spirit of the London 2012 Olympics?

Get inspired, be Proud to be British!

OK, so the opening ceremony wasn't to everyone's taste, it did go on a bit, but how else do you get 204 teams out? It was well worth the wait, what a spectacular finale!  Watching it all take shape was amazing and the lighting of the cauldron was impressive to say the least.

With 15 medals in the bag to date putting Great Britain in 5th place on the medal table, it definitely gives us something to be proud of.

So far we have seen Rebecca Adlington win bronze in the Women’s 400m Freestyle, Lizzie Armitstead win silver in the Women’s Cycling Road Race, the men's gymnastics team achieve an historic bronze medal and Zara Phillips and Tina Cook win Silver in the Equestrian Team Event.

Not to mention Gold medals from Bradley Wiggins in the Men’s Cycling Individual time trial; Men’s Cycling Team Sprint; Women’s Rowing Pair; and Peter Wilson in the Men’s Shooting Double Trap!

Yesterday we saw Great Britain take Gold and Silver in the Men’s Double Canoe Slalom, what an achievement, along with Gemma Gibbons winning Silver in the Judo.

Now just over half way through the London 2012 Olympics and with the Paralympics still to take place, are you inspired to host a fundraising event to mark this historic occasion?

If you have not had the opportunity to soak up the atmosphere at any of the spectacular venues, then why not start now and join in the celebrations of this momentous event and amazing achievements of the athletes by having your own ‘picnic in the Olympic Park’.  Get your Charity or not for profit organisation’s presence seen by millions and play your part in this remarkable experience.

If you cannot make it to the Olympic Park why not join in the closing ceremony celebrations and throw your own party to raise funds, get involved and have a magnificent occasion.  Watch the artistic expression of Artistic Director Kim Gavin and his team’s production - ‘A Symphony of British Music’; the handover from London to Rio de Janeiro for the 2016 Olympic Games and the extinguishing of the Olympic Flame, signalling the end of the Games.

So what are you waiting for?

In : London Olympics & Fundraising 


Tags: "london olympics" "olympic games" "paralympics" "charities" "not for profit" "gold medals" "olympic park" 
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