Small donations can be claimed under Gift Aid for donations under £30, donated via cash or contactless credit card.
Unlike regular donations, you do not need to provide full donor information or Gift Aid declarations to claim on small donations.
After enabling Gift Aid, payments have a "Small donation?" checkbox. Checking this will flag the donation as a small donation.
Small donations have a different set of eligibility criteria:
On submission to HMRC, Beacon automatically buckets small donations into the tax year (ending) that they fall into as per HMRC requirements. For example:
- 15th March 2019 = 2019
- 3rd August 2019 = 2020
- 3rd April 2020 = 2020
- 7th April 2020 = 2021
See this page on eligibility for more information.
You can claim on a maximum of £8,000 in small donations in a single tax year (equating to £2,000 of Gift Aid). Beacon does not check this for you - you need to make sure you don't accidentally claim too much.