Gift Aid
Simply put, Gift Aid is a form of tax relief. This allows charities to receive up to 25% more income from a donation made by a UK taxpayer. Once a donation has been made, a charity is able to claim back the basic rate of tax from it from the government CAF
Cirrus has developed a paperless Gift Aid system, that also has Point of Sale (POS) stock control and can link into accounting systems specifically for charities. Your all-in-one system for charity led retail is now available. To help here are a few essential Q&A’s
Q: Can we just use the Gift Aid standalone, without the POS? – YES. The system is modular so we can turn this on or off as needed
Q: Does the system allow multiple items as part of a single gift (Perhaps a bag of clothes or box of books)? – YES. Each item can be individually tracked, priced and sold
Q: Does the system capture details and report on them in-line with HMRC guidelines? – YES. We have back office reporting that tracks each person who gifts and each item they have gifted, been sold or held in stock
Q: Can the system remember people who gift on a regular basis and save their information for speedy drop-off? – YES. Our system securely records the contact details and can issue a membership style system. These frequent drops off are also recorded for HMRC requirements
Q: Can we set prices and calculate profit? – YES. Our production valuation screen lets you set this per item and print the necessary labels
POS
Our cloud based POS system is perfect for retail, bars & restaurants, builders merchants, Garden Centres, Visitor Attractions and more. The system integrates with a number of handheld payment terminals and accounting systems for real end to end record keeping too.
At Cirrus we strive to be your technology partner of choice. In the case of Gift Aid we listened to our clients, developed a system and put it into use in their locations, saving them not only in tax but also the efficiencies the business realized in the process.
Get in Touch
If you are in need of a partner to manage your IT, drive change & improve operations perhaps you should #ThinkCirrus. For Consulting, Design, Delivery and Managed Service…. #ThinkCirrus
Call us on 033013 130966 or book an appointment here : Time to #ThinkCirrus
#Giftaid #Manageditservices #POS #ukwide
