Gift Aid on Sponsored Events

[jmn32]

Hello,

A donor does a challenge event on behalf of a charity, raising £3,500. £1,000 is taken out of the sponsorship money to pay for the event. Obviously the benefit rule applies and any donation made by the participant or connected people are not eligible for Gift Aid. How much, if any, of the £3,500 is eligible for Gift Aid, bearing in mind that not all of it has gone to the charity?

Thanks
James

[katie]

Hi James,

All donations that are not made by the participant or their connected persons are eligible for Gift Aid, so theoretically, if none of the £3,500 is donated by these people, it is all eligible.

Katie