Masicorp Voluntourism Payment (UK)
What is Gift Aid?
MASICORP UK LTD. is a registered UK charity and therefore can take advantage of the UK Government supported Gift Aid scheme, which enables charities to reclaim from HM Revenue & Customs (HMRC) the basic rate tax which has already been paid on any gifts the charities have received from UK taxpayers.
How will Masicorp Benefit?
Gift Aid increases the value of gifts as charities can claim back 25p from the Inland Revenue for every £1.00 donated, as long as you are a UK taxpayer. Basic rate tax is 20%, so if you give £10, it’s worth £12.50 to Masicorp after Gift Aid is applied.
Does it cost me anything?
Gift Aid does not cost you anything, it simply allows us as a charity to reclaim an additional 25% from HMRC.
To enable us to claim Gift Aid on your donation, you must pay an amount of UK income tax and/or capital gains tax equal to the tax we reclaim on your donations.
All donation payments will be acknowledged by return letter and the relevant tax exemption information will be sent as soon as it is available.
(Please note: MASICORP UK LTD. is Masicorp\'s legal name in the UK. We use Masicorp in our communications because it\'s an easier name to remember.)