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Showing Tag: "#aggregatedgiftaiddonations #giftaid" (Show all posts)

WHAT ARE AGGREGATED GIFT AID DONATIONS?

Posted by Redbourn Business Systems on Wednesday, October 13, 2021, In : Gift Aid 

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 descriptio...


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