What is Gift Aid?
The Government's Gift Aid scheme enables donations made to the British Academy go further at no extra cost to you.
The Gift Aid scheme allows charities to reclaim the basic rate of the tax already paid on donations.
This means that for every £1 you donate we can reclaim 25p in Gift Aid.
If you opt in today we can claim Gift Aid on eligible donations from the last 3 years as Gift Aid can be claimed retrospectively.
More information regarding Gift Aid can be found on the HMRC website.
Who is eligible for Gift Aid?
You can opt into the Gift Aid scheme if you are a UK tax payer and pay as much Income Tax and / or Capital Gains Tax as you have paid on your donations.
What do I need to do?
To opt into the Gift Aid scheme please complete our Gift Aid form and return it to the Development Team at the below address:
The Development Office
The British Academy
10-11 Carlton House Terrace
What if I am a higher rate tax payer?
If you are a higher rate tax payer (taxed at the rate of 40% or above) the Academy can claim the basic rate of the tax from your gift back.
As a higher rate tax payer you can claim back the difference between higher rate of tax (40%) and the basic rate of tax (20%) on the total value of your donation (an additional 25p per £1).
As a Fellow, can I Gift Aid my Subscription?
Fellows of the British Academy who are eligible for the Gift Aid scheme can also Gift Aid their subscription, unless their academic institution pays the subscription fee. To find out more about this scheme please contact Rebecca on 020 7969 5209 or at firstname.lastname@example.org