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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 come to us however long this takes. We are lucky in that we have kennelling
space in a kennels owned by Irish Setter owners- 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
re-homing 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 in the U.K. please complete a Gift Aid Form. THANK YOU>
INFORMATION ABOUT GIFT AID AND INHERITANCE TAX
As a Registered Charity, we can claim Gift Aid.
What does Gift Aid mean for our Rescue?
This means that, for every £ donated by friends, sponsors etc,
25p (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. 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 one off donation just fill in that amount in option 1.
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 use option
2 or 3
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
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