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FROM THE TRUSTEES.
As a Rescue for our breed we do not receive financial help from any of the Breed Clubs and so need all the help we can
get in order to help the many needy Irish Setters who come into our care. We find homes for all the setters who came to
us however long this takes. We are lucky in that we have kennelling space in two kennels owned by Irish Setter lovers- we
are so grateful to them for their continued help by allowing us to kennel the Rescue Setters for a very low cost. However,
no matter how cheap the kennelling is when there are lots of dogs in for rehoming the costs mount up and with veterinary costs,
micro chipping and bathing etc the donations we receive from new owners very often do not cover the costs. WE NEED YOUR HELP.
Please Remember the Rescue when you are making your will or when you are kind enough to donate a sum of money to our funds(we
are grateful for even the smallest amount you can spare) if you are a tax payer please complete a Gift Aid Form. THANK YOU>
INFORMATION ABOUT GIFT AID AND INHERITANCE TAX
Now that the Rescue is a Registered Charity, it can claim Gift Aid. (The Rescue has had to Register with the Inland Revenue
in order to be eligible to do this)
What does Gift Aid mean for our Rescue?
This means that, for every £ donated by friends, sponsors etc, 28p (at present) can be claimed back from H.M.Revenue.
The procedure is simple. If, as a U.K.Tax Payer, you wish to make a donation, then send it to the Rescue with a Gift Aid
Donation Form - these can be downloaded from our web site (wwww.irishsetterrescue.co.uk>). Indicate on the Form that you
wish this money to be treated as a Gift Aid Donation. If you paid your subscriptions or gave a donation at the 2008 Setter
Party these can also be treated as a Gift Aid Donation in fact any donation that you have made after August 1st 2008 can be
backdated to be a Gift Aid Donation. All we need you to do is to complete a Form.
So taking you through the Gift Aid Donation Form................
If it is just a single donation just fill in that amount in option 1.
Backdated donations after August 1st 2008 should be indicated on option 2
If you wish all donations you make until further notice(these can include your Memberships to the Friends Group) to be
treated as Gift Aid Donations until you notify the Rescue that you no longer wish to do this, then you should also use option
3 as well as option 1
Implications:
You must be U.K. Income Tax or Capital Gains Tax Payer.
YOU PERSONALLY only get Tax Relief if you are likely to pay 40% tax. What happens is that your Personal Allowance threshold
is increased, thus raising the level where the 40% tax kicks in. You will only get this benefit if you report it on your
income tax return.
INHERITANCE TAX IMPLICATIONS.
Although the Chancellor increased the threshold for Inheritance TAX (IHT) to £600k, this only applies to married couples
where the first partner dies leaving everything to the surviving spouse.
However donations to a Registered Charity can enable relief to be claimed in IHT. Thus, by indicating in your will that
a donation is to be left to the Setter Rescue, Charity No 1125317, means that the amount donated is deducted from the estate
for the purpose of computing the IHT liability. Remember that IHT is assessed at 40%, so this is something well worth doing.
A worthy cause is supported, and the Chancellor has less money to waste.
If you have any further queries, please contact Maureen and we will endeavour to resolve them quickly.
Mark Lee Inman. FCCA
CLICK HERE FOR THE GIFT AID FORM
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