Its time to claim the gift aid tax if you have donated between £500 and £7500 to help Guernsey charities

Submitted by Steve on 18:15, 9th Dec, 2021 | 0

In 2021 you may have heard that the upper limit has been increased to £7500 which means even more help to support good causes with the lower limit from £500.

For 2021 it still is from £500 and is up to £7500 and here are the details - https://www.gov.gg/article/151830/Income-tax-relief

Steve Byrne GSPCA Manager said “As an animal welfare charity every penny donated to the GSPCA makes a difference to animals in Guernsey.”

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Do you know how to claim gift aid on charity donations in Guernsey over £500 with the upper limit recently increased in 2021

Submitted by Steve on 17:53, 22nd Mar, 2021 | 0

In September 2009 the States of Guernsey agreed to change the way in which tax relief was given in respect of donations to Guernsey Registered Charities (GRC).

Previously income tax relief was only available to individuals who made payments under an irrevocable Deed of Covenant in favour of a Guernsey Registered Charity for a period in excess of 3 years; no relief was available to Guernsey resident individuals in respect of noncovenanted donations to Guernsey charities.

In summary, the system up to 2020 works as follows:

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