VENPoS Gift Aid - Capture of Gift Aid donations at the PoS terminal

VENPoS enables capture of Gift Aid donations at the PoS terminal and can be processed as part of the ticket admission sale.

The system is integrated to post code and electoral role databases to speed up the capture of customer information.

VENPoS Gift Aid Overview All Gift Aid transactions are electronically recorded and detailed reports provide the necessary information to the authorities.

By capturing Gift Aid transactions automatically, operators have more time to serve the needs of customers without filling out time consuming forms. In addition to assisting in the collection of Gift Aid donations the ability to collect postcode data from visitors will prove a useful source of information for future marketing activities – another key benefit of the VENPoS system for all visitor attractions irrespective of their charitable status.

About Gift Aid

The Gift Aid Brand:

• The brand has been created by The Giving Campaign to raise awareness and take up of Gift Aid between charities and the giving public.
• Any charity can use the brand as part of its fundraising efforts

How much can I claim?

• Using Gift Aid means that for every £1 given by individual donor's the charity can reclaim 28p (whilst the basic rate of tax is 22%)

Who can claim?

• To claim repayment under the Gift Aid scheme you must be a charity or charitable business.
• A charity can reclaim tax on any donations made by individuals, whether large or small, regular or one-off, provided that the conditions for Gift Aid tax relief are satisfied http://www.inlandrevenue.gov.uk/charities/claim_tax_back.htm

The Declaration

• All you need from your donor is a simple declaration saying that they want to use Gift Aid.
• The declaration is the most important part of Gift Aid, as it records the information required by the Inland Revenue to allow you to reclaim the tax paid on the donation. http://www.inlandrevenue.gov.uk/charities/claim_tax_back.htm
• Gift Aid can now be given verbally, no need for manual forms.
• All Gift Aid Declarations now require Minimal information to be submitted to the Inland Revenue

Keeping Gift Aid Records

Charities must keep sufficient records to show that tax reclaims are accurate:

• an audit trail linking each donation to an identifiable donor
• who has given you a Gift Aid declaration
• that all conditions for tax relief are satisfied

Download Datasheet