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Advanced Business Solutions Launches Gift Aid Portal For Sports Clubs

Wed 16th Sep 2015 | IT & Technology

Advanced Business Solutions (Advanced) has announced the availability of its Gift Aid portal for sports clubs and their associated not-for-profit sports foundations, which help raise funds for their local community and grass-roots football. 

The new portal will maximise football clubs’ fundraising goals by ensuring they successfully submit Gift Aid claims to Her Majesty’s Revenue and Customs (HMRC) and hence receive the full Gift Aid funds they are entitled to.

With the majority of football clubs having an associated sports foundation, those failing to claim Gift Aid on all money raised means they are missing out on receiving the basic rate tax paid by the donor on any donation, which increases the value of donations by 25% at no extra cost to the donor. All not-for-profit organisations are entitled to these Gift Aid funds but they must claim online directly to HMRC for this, with those processing claims in excess of 1,000 records having to upload directly to the Government Gateway.

Advanced’s Gift Aid submission portal is a self-service web application which not-for-profit sports foundations can use to automate their Gift Aid submission to HMRC via the Government Gateway. It checks the claim prior to submission, avoiding time-consuming re-entries and streamlines the process, removing any paper-based administration and speeding up the entire procedure.

Mark Dewell, Managing Director at Advanced Business Solutions (Ticketing) explains; “Grass-roots football initiatives and new community sports projects run by sports foundations are critical for engaging with the next generation of sport-people and fans, and this is  a valuable addition to support their efforts. It takes the pain away from securing the Gift Aid funds they are entitled to.

“We have many not-for-profit customers who have already seen the advantages of the portal when claiming Gift Aid. In fact, they have already successfully processed half a billion pounds in charitable donations through it, and we want to ensure football clubs realise the same benefit.”

Gift Aid was introduced in 2000 by the UK Government as a way for Community Amateur Sports Clubs (CASCs) and Sports Foundations to increase the value of monetary gifts from UK taxpayers by claiming back the basic rate tax paid by the donor on the donation. It increases the value of donations by a quarter at no extra cost to the donor.

All Gift Aid claims must now be made online directly to HMRC and organisations processing claims in excess of 1,000 records must be uploaded directly to the Government Gateway.

www.advancedcomputersoftware.com/ticketing 

Posted by: Aaron Gourley

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