Gift Aid
Gift Aid is a tax relief scheme for UK tax payers provided by the Government on charity donations. In simple terms it allows the charity to reclaim the tax on the donation made by you. You can add Gift Aid to your donation if you are a UK tax payer and agree to the terms and conditions below. This means at least another 25p for every £1 that you donate to charity. The charity can also claim an additional 3% transitional relief.
Senders wishing their chosen charity to benefit from Gift Aid must comply with the requirements on the Gift Aid Declaration when creating their account, and further agree that:
- Where inkjet cartridges or mobile phones are sold to Environmental Business Products Ltd that the company is acting as a conduit only to benefit the Sender’s chosen charity.
- The Sender authorises Environmental Business Products Ltd to donate all proceeds of the sale of recyclable inkjet cartridges and mobile phones to the chosen charity where the relevant ‘box’ has been ticked on the Gift Aid form.
- Where inkjet cartridges or mobile phones sold are found, on receipt, to be faulty or otherwise unsuitable for reuse, the value of faulty items will be deducted from the agreed total.
- The values and wastage figures agreed between the charity and Environmental Business Products Ltd will apply to all transactions.
- Individuals are personally responsible for checking that the income resulting from sales are covered by their Income Tax and or Capital Gains Tax returns. If in any doubt, contact your relevant Tax office.
- Gift Aid rules requires donors to notify the charity of any change of Home address details.
- The values and items qualifying as suitable for recycling and reuse may alter at any time at Environmental Business Products Ltd’s sole discretion.
- Items returned at Environmental Business Products Ltd’s expense that are unsuitable for recycling will become the property of Environmental Business Products Ltd to dispose of as the company sees fit.
- The Sender must pay an amount of Income Tax and/or Capital Gains Tax at least equal to the tax that the charity reclaims on your donation in the appropriate tax year (currently 25p for each qualifying £1 you give plus 3% transitional relief). You must provide your name and home address. This will be securely passed to the charities.
- When the items have been returned to Environmental Business Products we will communicate the sale price to you and then you can choose to be paid that price rather than donate it to the charity. Supporters have 21 days from the date the communication is sent, to revoke their Gift Aid request or reclaim the donation value.
- Due to administration costs the minimum value for donation reclamation is £50. Please note all requests for donation reclamation must be made by recorded delivery to EBP, 214 Acton Lane, Park Royal, London, NW10 7NH.
For more information on Gift Aid please visit the HMRC website.
