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05 Jan
Events/Classes

Masjid re-opens | Wednesday 6th January 2021

  • 5th January 2021
  • By author-avatar admin
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In the Name of Allah, The Most Merciful, The Besto...

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21 Jun
Islam

Straightening The Rows

  • 21st June 2019
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Shaykh Muhammad Naasir Ud-De...

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21 Jun
Prayer

Loving For Your Brother

  • 13th February 2020
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Loving For Your Brother What You Love For Yourself...

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21 Jun
Marriage

Where Is Allah?

  • 21st June 2019
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The Excellence of ...

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Reclaim Gift Aid

Gift Aid It!Add 25% more to your donation at no cost to you. A Gift Aid declaration allows Luton Islamic Centre to claim tax back on eligible donations. It means that for every £1 you donate to Luton Islamic Centre we can claim back 25p, at no extra cost to you.

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I would like Luton Islamic Centre to treat this donation, any donations I have made in the last 4 years and any future donations until I notify otherwise as Gift Aid donations. I understand that if I pay less Income Tax and/or Capital Gains Tax than the amount of Gift Aid claimed on all my donations in that tax year it is my responsibility to pay any difference.

What is Gift Aid?

Gift Aid does not cost you a penny more, but can add an additional 25p to every £1 you donate. When Luton Islamic Centre receives a donation from a UK taxpayer, we're entitled to claim an amount of tax (calculated at the basic rate of income tax in that year) paid on that donation. Once you have given your permission for us to do this on your behalf, there is no need for you to do anything else.

All that is required is that you must be a taxpayer and that would have paid or will pay sufficient Income and/or Capital Gains Tax to cover all the Gift Aid claimed on all your donations in that tax year. Please note that it is your responsibility to pay any difference.

The amount of tax we claim will be 25% of the total value of your donations in that tax year. Furthermore, if you are a higher taxpayer, you are also entitled to claim the difference between the basic rate which we will claim and the amount of tax you have actually paid. For further details on how you can do this, please contact your tax office. If your tax situation changes and your gifts will no longer be eligible for the Gift Aid scheme please contact us and we will amend your record accordingly.

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Terms

Acceptance of any contribution, gift or grant is at the discretion of the Luton Islamic Centre. The Luton Islamic Centre will not accept any gift unless it can be used or expended consistently with the purpose and mission of the Luton Islamic Centre.

No irrevocable gift, whether outright or life-income in character, will be accepted if under any reasonable set of circumstances the gift would jeopardize the donor’s financial security.

The Luton Islamic Centre will refrain from providing advice about the tax or other treatment of gifts and will encourage donors to seek guidance from their own professional advisers to assist them in the process of making their donation.

The Luton Islamic Centre will accept donations of cash or publicly traded securities. Gifts of in-kind services will be accepted at the discretion of the Luton Islamic Centre.

Certain other gifts, real property, personal property, in-kind gifts, non-liquid securities, and contributions whose sources are not transparent or whose use is restricted in some manner, must be reviewed prior to acceptance due to the special obligations raised or liabilities they may pose for Luton Islamic Centre.

The Luton Islamic Centre will provide acknowledgments to donors meeting tax requirements for property received by the charity as a gift. However, except for gifts of cash and publicly traded securities, no value shall be ascribed to any receipt or other form of substantiation of a gift received by Luton Islamic Centre.

The Luton Islamic Centre will respect the intent of the donor relating to gifts for restricted purposes and those relating to the desire to remain anonymous. With respect to anonymous gifts, the Luton Islamic Centre will restrict information about the donor to only those staff members with a need to know.

The Luton Islamic Centre will not compensate, whether through commissions, finders' fees, or other means, any third party for directing a gift or a donor to the Luton Islamic Centre.

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