Charity retailers are able to make their donations go further by claiming Gift Aid on donated goods and donations. Gift Aid actually increases the value of donations to charities by allowing them to reclaim basic rate tax on donated goods.
In order to process Retail Gift Aid the donor is required to complete a Gift Aid declaration. The charity must then keep a record of the proceeds of the sale of each item and after the goods are sold must then write to the supporter to confirm that they want to donate the sale proceeds to the charity.
The process required by HM Revenue and Customs (HMRC) can seem complicated and because of the paper trail involved, many charities are missing out on the increase in profit that Retail Gift Aid provides. To ensure charities do not miss out on this huge potential Cybertill has developed a Gift Aid solution that has been developed in line with HMRC recommendations.
Charities that claim Gift Aid can boost their income by almost a third on donations. What’s more once a donor consents to the charity retailer claiming Gift Aid on their donation, the Cybertill Gift Aid solution automatically recognises them on any future donations, no matter which charity store they visit. This gives charities the ability to optimise fund raising earnings on donations.
Cybertill’s standard Gift Aid tool also records and automates all transactions as well as helping the charity notify the donor, performing many other necessary functions. Cybertill also has a revolutionary new Gift Aid module called Advanced Gift Aid.
Advanced Gift Aid is a new module from Cybertill that ensures 100% retail accuracy unlike all other available Gift Aid solutions. With Cybertill’s Advanced Gift Aid the whole operation in store changes and becomes more efficient. Instead of sales being processed at the till by entering the price from the tag and then scanning the barcode for the Gift Aid donor, Cybertill has developed a single barcode that contains the product and the donor ID. So the till operator simply scans the barcode and this enters the item details, the price and the donor ID in one scan. As a result this ensures complete accuracy of both price, product, category and of course Gift Aid donor as well speeding up the transaction times to High Street levels. To find out more about Cybertill’s Advanced Gift Aid please download the Gift Aid brochure.
“Advanced Gift Aid enables you to speed up the process at the till and it means we never miss a gift aid sale, or have a price go through incorrectly, and nobody can change prices on the tickets. Before this I know we were missing some gift aid sales so I am confident this will increase how much we claim on gift aid. It has a knock on effect to other best practices. And from the volunteers point of view they absolutely love this, it so simple for them. Now it’s like playing shops, they are in Tesco’s and zapping everything and they love it.” Marisa Coleman | Dove House Hospice | Retail Division Manager
Cybertill’s Gift Aid solution is an affordable and cost effective way for charities to take advantage of reclaiming Gift Aid and boosting their fund raising appeals. Cybertill offer this as a stand alone solution for charity retailers. There is also the option for charities and hospices to integrate the gift aid solution with Cybertill’s charity retail EPoS system. This allows retailers to manage Gift Aid but then also their stock and retail business more effectively.