Chepstow U3A is a registered charity no. 702771 so your U3A membership is considered as a donation to charity. Therefore we can claim tax relief on your subscription at the current basic tax rate. This effectively increases the income of Chepstow U3A at no cost to yourself and allows us to keep our subscriptions to a minimum.
By saying 'Yes' in the Gift Aid part of the membership form you are confirming that you are a UK tax payer and agree that Chepstow U3A can Gift Aid your membership subscription for this year and all future years until you notify us otherwise.
You must understand that if you pay less Income Tax and/or Capital Gains tax than the amount of Gift Aid claimed on all your donations in that tax year it is your responsibility to pay any difference.
If you pay Income Tax at the higher or additional rate and want to receive the additional tax relief due to you, you must include all your Gift Aid donations on your Self-Assessment tax return or HMRC to adjust your tax code.
You must notify the Membership Secretary if you:
1. want to cancel this declaration at any time.
2. change your name or home address.
3. no longer pay sufficient tax on your income and/or capital gains.
If you have any queries about Gift Aid, please contact the Membership Secretary.