Running Sponsored Events and Claiming Gift Aid: the facts
Running Sponsored Events and Claiming Gift Aid: the facts
By
HMRC
SUMMARY
We all know that running sponsored events can be a great way to raise money for your organisation, but did you know that you can increase the amount you raise by encouraging the people who sponsor to use their Gift Aid entitlement? This guide shows you just how easy that can be.
Whatever kind of sponsored event people take part in to raise money for your charity, there is one important principle to remember: it is not the participant who is the donor. The people who sponsor the participant are the donors and these are the people entitled to use Gift Aid to increase the value of the amount they pledge as sponsor money. The rules and requirements are the same as for any other gift of money.
Resource type: Guide/tools | Published: 2013