Gift Aid Tax Reclaim
The Gift Aid Tax Reclaim content item enables United Kingdom charities to generate data for Gift Aid tax reclaims.
From the Gift Aid Tax Reclaim content item, you can generate, view, and modify Gift Aid claim data.
For more information, refer to Setting up Gift Aid.
Gift Aid Tax Reclaim configuration options
- Name - Enter a name for the content item. This text appears during design mode (configuration).
- HMRC Reference - Specifies your organization's unique HMRC Reference number.
- Transactions per Batch - Specifies the number of transactions to be included in each batch as the claim is generated. The claim is built in batches to avoid placing an unnecessary load on the server when generating a claim for a large database. Reduce this value if you encounter performance problems.
- Time-out - Specifies the time limit in seconds for generating a new tax claim. If you have timeout issues when processing claims with large amounts of data, then increase this value or reduce the Transactions per Batch, or both.
- Inclusions - Specifies items to be included or excluded from
Gift Aid claims. You can select items that are associated with:
- Appeal Types - Lists your appeal codes. It is recommended that you exclude any appeal codes that are associated with donations where the donor has received some type of benefit from the gift. For example, if an event was held and the supporter made a donation at the event, the UK tax authorities can rule that the supporter had received a benefit (that is, by attending the event), and hence the tax could not be recovered. In these circumstances, an appeal code created for the event should be associated with the donations received at the event. You could then exclude donations associated with that appeal code, so that they do not appear in a claim.
- Cash Accounts - Lists your cash accounts. Certain types of payment, such as CAF vouchers and CAF Account payments, must be excluded from a tax reclaim as they are already tax efficient; that is, the tax reclaim is managed by the organisation (for example, CAF) that issues the voucher. If you accept donations using such payment methods, you must create cash account codes for them and exclude these cash account codes from your reclaim to prevent the tax being reclaimed twice.
- Categories - Lists any custom billing Categories you have set up in iMIS. Billing Categories only appear in the list if you have enabled the Use Bill Categories option in iMIS and created categories.
- Customer Types - Lists your customer types. Excluded customer types do not appear in tax reclaims. For example, you should exclude customer types that relate to non-individual contacts, such as companies or charitable trusts. Gift Aid can only be claimed against donations from individual supporters.
Note:
--The number of transactions per batch does not limit the number of
transactions that can appear in a claim.
--If you generate a claim for a large number of transactions, you
might want to adjust the Transactions per Batch and TimeOut settings to fine tune the performance of the claim
generation. A larger value for Transactions per Batch can speed
up the process but potentially at the expense of reducing performance for other
users. If you increase the Transactions per Batch, you might need
to also increase the TimeOut value to allow the large batches
to complete.