What is Retail Gift Aid?
Retail Gift Aid is a government scheme that allows charities to reclaim 25% from HM Revenue and Customs (HMRC) on the sale of the donated goods, increasing the value of your donations at no extra cost to you.
Retail Gift Aid helps your donations go even further to raise vital funds for LOROS. For example, if your donated goods are sold in our shops for £10, LOROS could claim a further £2.50 from HMRC which would make your total donation £12.50
If you have any questions about Retail Gift Aid in the LOROS shops please email or call 0116 473 6001.
Thank you for supporting LOROS Hospice.
In order for LOROS to claim the tax you have paid on your donations, you must be a UK taxpayer who has paid Income and or Capital gains tax for each tax year (6 April to 5 April) at least equal to all of the charitable donations you have made for that tax year. Other taxes such as VAT and council tax do not qualify.
For more information please visit the HMRC website.
The process is simple - all you have to do is make a Retail Gift Aid declaration. The next time you visit any of the LOROS shops with your donations or you request a collection, please ask to sign up for Retail Gift Aid. The only information we require from you is your full name, home address and email address (if possible, to help us contact you in the most cost efficient way) and a signature.
You will be confirming that you wish LOROS Enterprises to act as your agent in selling your donated goods and you are not acting as a business in selling your goods.
This declaration is only required once.
You will be given a LOROS donor card with your own unique barcode which you can present in any of the LOROS shops when you make a donation. We will write to inform you periodically how much your donations have raised for LOROS and that you're happy for us to claim Retail Gift Aid on the amount.
Please contact us if:
You change name or address
You are no longer a tax payer
You no longer wish us to claim gift aid on your donations
