. . Virtual tickets . . .link in 1st post..£160K Smashed

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Jonty08 said:
Almost at £10k already. Fantastic effort!

FAO @woodlebert and @Guinness Guzzler
Feedback is that gift aid only applies to the donation element of the fundraising. The ticket elements have a perceived value in terms of what people are paying for what they are receiving in return and hence gift aid can't be claimed on those elements.
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Yes that sounds right. Shame you can't split the donation and value portions but it's an online portal so not a surprise really. Absolutely fantastic work, congratulations.
 


Jonty08 said:
Almost at £10k already. Fantastic effort!

FAO @woodlebert and @Guinness Guzzler
Feedback is that gift aid only applies to the donation element of the fundraising. The ticket elements have a perceived value in terms of what people are paying for what they are receiving in return and hence gift aid can't be claimed on those elements.
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Futhermore, if the perceived benefit exceeds a certain level. Gift Aid can't be claimed at all. That's what scuppered the old zoo/NT etc trick of letting people Gift Aid annual tickets. They're known as Gift Aid benefit rules. For donations of £1-100, the limit is 25% of the donation.
 
Grumpy Old Man said:
Futhermore, if the perceived benefit exceeds a certain level. Gift Aid can't be claimed at all. That's what scuppered the old zoo/NT etc trick of letting people Gift Aid annual tickets. They're known as Gift Aid benefit rules. For donations of £1-100, the limit is 25% of the donation.
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I am claiming back the mileage of the travel cost of the virtual ticket at 26.3p per mile, amortised over 3 years, deducted from cash flow.
 
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