Maintaining the Gift Aid rate
Gift Aid is a tax relief allowing UK charities to reclaim an extra 25% in tax on every eligible donation made by a UK taxpayer.
IRIS Financials Charity Edition calculates the eligible amount of Gift Aid to reclaim using a rule.
To update the Gift Aid rate the rule uses to calculate Gift Aid:
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Go to Maintenance > Keylists, then select GIFTAID_RATE.
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Select EDIT, then enter the Gift Aid rate in the Value field and select SAVE.