What is the Gift-Aid return on £100.00?

  1. the tax deducted on a donation of £100.00 is currently [since 2008] £25.00
  2. you are entitled to donate £100.00+£25.00 i.e. £125.00
  3. 5.00% of £125.00 is £6.25
  4. the account holder is left with £118.75 [£125.00-£6.25]
  5. an effective return of £18.75