Gift Aid is a Government run scheme that allows charities, including The Ipswich Society, to reclaim tax on your membership subscription and/or any donations. For every £1 you contribute (provided you are a current taxpayer), the Society gets an additional 25p back. This has to be claimed for and a number of changes have been made to the HMRC arrangements for managing these claims. Paper based claims for income from most charities are no longer accepted. As a result this year's claim was made using the HMRC Charities Online Service. Not without challenges, this year's claim was successful (Phew!).
More work is now required to update our new member application forms to ensure we capture all the information needed for future claims. In addition some of the information needed for successful claims may be missing from our older records and necessitate requests for that information once identified. A further update will be provided in the January Newsletter. The Ipswich Society Registered Charity No. is 263322.
Graham Smith, Treasurer