Cuts to education spending have affected, and continue to affect, providers throughout the UK since 2010. More importantly, a recent review published by the Institute for Fiscal Studies suggests this could be set to continue. They point out that while the government is committed to a £4.4 billion increase in spending in 2024-25, this money would effectively take the UK back to 2010 levels, with no overall growth.
This, the IFS claims, represents the biggest squeeze on education spending since the end of World War 2.
Now more than ever schools can’t afford to miss out on any additional income. But, if your school isn’t claiming Gift Aid, that’s exactly what you’re doing.
Think about the amount of donations your school received last year, and the year before, and the year before. It’s a lot of money, right? Now, imagine that number increased by 25%. The difference is the amount you’ve missed out on, and that’s just over the last three years!
That’s additional income your school could have spent on exciting extracurricular activities and after-school clubs, brand-new resources, and upgrading your facilities.
Rather than simply making do with your limited funds, you could have been setting your school apart from others in the area, benefiting from increased admissions numbers and better staff applicants in the process.
But what’s done is done. It’s now up to you to make sure you don’t miss out on further funds by preparing to claim Gift Aid on all future donations made to your school.
So, what is Gift Aid? It’s a government scheme that adds 25% to all donations made by UK taxpayers to community amateur sports clubs and charities, including schools just like yours.
Schools often find claiming Gift Aid to be a complicated process. One reason why many schools aren’t claiming Gift Aid is because they try to go it alone. When they find the registration and claiming processes difficult, they lose interest and subsequently miss out on a lot of money.
In contrast, by using Tali, Pebble’s school income software, your school will find claiming Gift Aid simple, and donations made to your school will be boosted by 25%.
Tali electronically stores a full database of your GIft Aid-eligible donors, meaning your office isn’t cluttered with Gift Aid declarations. Then, when a Gift Aid-eligible donor donates money to your school, Tali automatically recognises it as a contribution you can claim an additional 25% on.
When it comes to submitting a claim, Tali makes it a breeze. At the click of a button, Tali will generate a fully formatted report that’s ready for you to submit to the HMRC and increase your donations by a quarter.
Your school simply can’t afford to continue missing out on what equates to free money.
Start boosting your income and maximising the impact of donations made to your school today — call the Pebble team and request a Tali demo.
Want to know more? Leave your details and we’ll be in touch.
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Gift Aid Eligible
Gift Aid generated
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