Gift Aid Payment Report

1. Click on the Reports tab

2. Select Financial reports

3. Select the Gift Aid payment report

4. Select the Trip or Product as required, or if completing a claim for all payments made for the period, select <All trips and products> from either drop down

5. If required, click the down arrow next to Is Account and select the appropriate account

6. If required, click the down arrow next to Dates and select the required date range or leave as <All dates>

7. Click on Run report

Understanding the Total claimed figure:

The Total claimed is a refund of the tax paid by parents on the income they needed to make the Gift aid payments.

For example, if they had £100 of income and paid 25% tax on that income they would have £75 left to spend on the Gift aid items.

Having spent that £75 with the school, the amount the school can claim back in gift aid is not 25% of £75, instead it is 25% of £100 which is calculated by £75 / (1 – tax rate) = £75 / (1 – 0.25) = £75 / 0.75 = £100

Using the example given, 25% of £4625.99 / 0.75 = £1542.00

Gift Aid Payment Report

Gift Aid Registration Form

Record Income with Gift Aid

SCO Modules

FAQs