Higher rate tax payers
If you pay tax at the higher or additional rate, you can claim the difference between the rate you pay and basic rate on your donation. This means that not only is the Competition able to claim an additional 25% of your donation through the Gift Aid scheme, but you are able to claim back the additional tax you’ve paid on that donation.
If you donate £1,000 to the Competition, we claim Gift Aid to make your donation £1,250. If you pay tax at 40% you can personally claim back £250 (£1,250 x 20%).