When we do poppy collecting a local and very prominent business man gives the staff a £50 note for each cadet who went collecting (it all was handed to the poppy collection rep) as well as a box of his products to share out between the cadets.
Someone I think also mentioned the wing claiming GA of subs paid to it by squadrons.
This CANNOT be done, the 25% tax paid by the cadet parent has already been claimed by the squadron, you cant then claim another 25% on top. Squadrons need signed GA consent forms signed by the payer of the cadet subs, this says that they have paid tax on the money paid to a squadron. Its this money that squadrons claim. As squadrons themselves dont pay tax then there is nothing that can be claimed by anyone they send money to.
If thats not correct someone please correct me soonest.
‘However once you are set up providing you have signed consents you can go back 4 tax years’.
The problem there is that you might not get every penny, because cadet membership is never static, and it could prove a bit of a job catching up with everyone to obtain consent , but anything which swells the coffers and helps fund activities is welcome.
Another issue mentioned in ACP10 - Excepted status does not exist for any new charity formed after 31.1.2009; HQAC tells us that there is no longer an exception certificate issued, and to prove entitlement, it is a simple matter of waving ACP11 at the HMRC to prove that you are a charity and thereby claim Gift Aid.
The problem here is that the Law ceases to allow Excepted status after that date, which suggests that to exist as a new charity, registered status with the Charity Commission is the only valid option, otherwise the charity is operating illegally, which can also impact other fundraising.
The HMRC are very aware of this, so it would be interesting to know if any new squadron has yet successfully claimed gift aid without registration.I am sure the HMRC would not wish to support illegal claims.
As a newbie to the forum I can’t send PMs yet. Would appreciate a copy of the step by step process. Just starting to get ourselves sorted with this. Can you send a link by any chance please? Many thanks.
Hello. I am a fairly new treasurer for squadron and have just got HMRC confirmation that my registration for Gift Aid was successful. I now need to sort out claiming money. I know it is 3 years ago, but is your step by step instruction still available? If so, can you send me a copy. I think I do not yet have access to private messaging, so would it be Ok to phone you on the telephone number you previously gave on this forum.
Your wing treasurer should be fully aware of the ins and outs of the process.
I have not done a return for a while but need to get one moving, if nothing else to remind me of the paperwork.
Drop me a mail at geoff@homefarmstoves.co.uk or give me call 01327 843400 and I will take you through the next steps, I am usually there on Thurs, Fri and Sat 10am - 4pm.
You can claim back 4 tax years on subs providing you have the signed approval docs from your parents. You must keep an audit trail for at least 7 years as your return may be audited by HMRC., the signed docs from the parents and your squadron treasurers spreadsheet of the payments received in a tax year is what I keep.
You can only claim on bag pack collections under the Gift Aid Supplementary Donations ( GASDS) scheme once you have had two clear annual returns accepted and paid by HMRC.
I am CC only , getting something onto Badar is fine if CCs will or are able use/access it, but in my experience Bader access for CC members is at best discouraged, not sure if this will change under the new commandant, maybe other wings have more enlightened ideas. I have visited and hopefully educated all our wing squadrons but you might guess that post Covid things will have slipped as CC members change.
A squadron charging £10 a month subs and getting back 20 or so signed returns will generate £600 a year via this scheme plus another 20% ( 25%?) of your back pack bankings under GASDS. It is backside ache to set up and do but it is worthwhile especially as takings from bag packs decline due to home deliver/click and collect etc.
Maintaining access to Gov Gateway without RAFAC email address
Apparently CC members are having RAFAC email accounts (and presumably therefore also BADER access) removed at some point. It might be prudent therefore for any CC that currently uses a RAFAC hosted email account for accessing the Gov Gateway for their annual Gift Aid claims to login to their squadron HMRC Business Tax Account and re-invite themselves as a secondary team member with a personal and non-RAFAC email address. Just as a safeguard to maintain easy access to this valuable source of squadron income.
Is this something you’ve just written or copied and pasted from somewhere that’s been sent to you?
I highly recommend against this. It would surely be preferable to use either the oc.sqn account or the generic account. These are accounts that will always be with the squadron, no matter what personnel changes happen.
Permanent RAFAC email addresses can also be added, and wise to have OC on there. But any CC member who administers Gift Aid claims won’t have access to OC.SQN or the SQN Generic accounts.