The Charity entirely relies on donations. It welcomes donations by banker’s draft or by cheque. Cheques should be made out to INCTR Challenge Fund and posted to INCTR Challenge Fund, Prama House, 267 Banbury Road, Oxford OX2 7HT, United Kingdom
By Direct Debit
Account name: The Challenge Fund
Sort code: 40-35-34
Account No.: 02895226
GIFT AID SCHEME
The Gift Aid scheme is for gifts of money by individuals who pay UK tax. Gift Aid donations are regarded as having basic rate tax deducted by the donor. Charities or CASCs take your donation – which is money you’ve already paid tax on – and reclaim the basic rate tax from HM Revenue & Customs (HMRC) on its ‘gross’ equivalent – the amount before basic rate tax was deducted.
Basic rate tax is 20 per cent, so this means that if you give £10 using Gift Aid, it’s worth £12.50 to the charity.
In order to make a Gift Aid donation you’ll need to fill in the INCTR Challenge Fund_GiftAid form.
You can use Gift Aid for gifts you make jointly if you tell the charity or CASC how much each of you is giving and if you each make a Gift Aid declaration.