How does Gift Aid work for self-employed people (sole traders) and partnerships?
Gift Aid donations from the self-employed (sole traders) and partnerships are treated in the same way as Gift Aid by individuals. Your donation will be treated as paid out of taxed income and the charity will be able to reclaim 28p on each pound of the donation. Sole traders that are higher rate taxpayers can also reclaim 25p for every £1 donated to charity. All you have to do is remember to include details of your charitable gifts on your tax return. For more information, please visit the HM Revenue & Customs website.
