Parental Contributions and Gift Aid

What is Gift Aid?

Gift Aid is a simple initiative which allows Coopers to increase the amount raised from UK taxpayers on cash donations. Gift Aid is quite simply free money and a great way to boost the schools income. The official terminology from HM Revenue & Customs (HMRC) is 'Gift Aid is a tax relief which allows a charity to reclaim from HMRC the basic rate of Income Tax a donor has paid on their donation (gift).' In layman's terms this means that those parents and carers who are current UK tax payers are eligible to Gift Aid their cash donations. This gives the school an extra 25p for every £1 donated.

How does Gift Aid work?

When a UK taxpayer makes a monetary donation to Coopers (that is an outright gift), they have already paid tax on that money. The school can, through Gift Aid, reclaim the tax paid. The school has to ask for permission to reclaim the tax they have already paid on their donation, you can increase the value of such donations by a whopping 25%. Below is information on three valuable schemes that will support teaching and learning at Coopers and improve the school environment and how you can become a “Friend of Coopers School”

Friends of Coopers School

At Coopers School we are committed to creating the best learning environment possible for our community. Central government provides funds for the basics, such as buildings, teaching staff and essential resources, but the school needs more than this to provide the exceptional and diverse range of opportunities we offer. Without support from parents and carers, this range of opportunities would be difficult to maintain. We are aware of the economic pressures currently facing family budgets, but would ask you to consider making a welcome and valued contribution. By becoming a “Friend of Coopers School” and giving a regular amount or annual donation to the fund, this will make a real difference in being able to keep IT resources and specialist equipment up to date and so enrich and enhance the unique and special opportunities available to your child/children. Donations can be made by standing order ,either monthly, quarterly, annually or as a one off single payment as you prefer or alternatively you can make your donation via Wisepay under “Donations Module” where you can select one of the three school projects for 2016/2017 as listed below, 1. School Fund PA System for Creative Arts 2. School Fund Lego Robotics Kit 3. School Fund Cricket Nets In addition, if you are a UK taxpayer you are able to make a Gift Aid declaration which allows the School to claim tax you have already paid back from the Inland Revenue meaning that every pound you donate will be worth an extra 25 pence. Please see the notes below to assess whether you are eligible to use Gift Aid. I do hope that you will consider helping the School in this way and if so, please complete and sign the form above and return it to the School. When making a contribution you will need to identify the project you would like to support.

Notes

1.You cannot use Gift Aid unless your income and/or capital gains tax paid to HMRC at least equals the donations you make to charity in the same tax year. 2. If your circumstances change in the future and you no longer pay tax , please inform us so that we can cancel the Gift Aid declaration. 3. You can cancel your donations at any time by notifying your bank.
Parental Contributions and Gift Aid

What is Gift Aid?

Gift Aid is a simple initiative which allows Coopers to increase the amount raised from UK taxpayers on cash donations. Gift Aid is quite simply free money and a great way to boost the schools income. The official terminology from HM Revenue & Customs (HMRC) is 'Gift Aid is a tax relief which allows a charity to reclaim from HMRC the basic rate of Income Tax a donor has paid on their donation (gift).' In layman's terms this means that those parents and carers who are current UK tax payers are eligible to Gift Aid their cash donations. This gives the school an extra 25p for every £1 donated.

How does Gift Aid work?

When a UK taxpayer makes a monetary donation to Coopers (that is an outright gift), they have already paid tax on that money. The school can, through Gift Aid, reclaim the tax paid. The school has to ask for permission to reclaim the tax they have already paid on their donation, you can increase the value of such donations by a whopping 25%. Below is information on three valuable schemes that will support teaching and learning at Coopers and improve the school environment and how you can become a “Friend of Coopers School”

Friends of Coopers School

At Coopers School we are committed to creating the best learning environment possible for our community. Central government provides funds for the basics, such as buildings, teaching staff and essential resources, but the school needs more than this to provide the exceptional and diverse range of opportunities we offer. Without support from parents and carers, this range of opportunities would be difficult to maintain. We are aware of the economic pressures currently facing family budgets, but would ask you to consider making a welcome and valued contribution. By becoming a “Friend of Coopers School” and giving a regular amount or annual donation to the fund, this will make a real difference in being able to keep IT resources and specialist equipment up to date and so enrich and enhance the unique and special opportunities available to your child/children. Donations can be made by standing order ,either monthly, quarterly, annually or as a one off single payment as you prefer or alternatively you can make your donation via Wisepay under “Donations Module” where you can select one of the three school projects for 2016/2017 as listed below, 1. School Fund PA System for Creative Arts 2. School Fund Lego Robotics Kit 3. School Fund Cricket Nets In addition, if you are a UK taxpayer you are able to make a Gift Aid declaration which allows the School to claim tax you have already paid back from the Inland Revenue meaning that every pound you donate will be worth an extra 25 pence. Please see the notes below to assess whether you are eligible to use Gift Aid. I do hope that you will consider helping the School in this way and if so, please complete and sign the form above and return it to the School. When making a contribution you will need to identify the project you would like to support.

Notes

1.You cannot use Gift Aid unless your income and/or capital gains tax paid to HMRC at least equals the donations you make to charity in the same tax year. 2. If your circumstances change in the future and you no longer pay tax , please inform us so that we can cancel the Gift Aid declaration. 3. You can cancel your donations at any time by notifying your bank.
COOPERS SCHOOL
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