We are delighted to report that HM Revenue & Customs have now officially recognised Share A Star as a Charity, for tax purposes.
This is great news as not only does it confirm our charitable status but will allow us to claim Gift Aid on any donations. We are able to back date claims for donations made from 8 October 2012.
Confirmation of charity status will give companies, organisations and individuals the confidence that monies donated to the charity will be used for genuine charitable work. There has been no doubt that this is what Share A Star is all about but we now have official confirmation which can be an important consideration for people deciding to support us.
We will be contacting our supporters to ask them to sign a Gift Aid declaration to enable us to reclaim tax on their donations. More information on Gift Aid for Charities can be found on the HMRC website.