SPOTLIGHT ON PARTNERSHIPS

Following our standard on-boarding procedures, we will set up a bespoke CAF Company Account for Partnerships tailored to your Partnership. In line with HMRC guidelines, we require an overview of all contributing Partners as well as an individual Gift Aid declaration from each of them. This will allow us to claim Gift Aid on your Partners’ behalf on all eligible deposits going forward.

Please contact our dedicated Corporate Client Managers for more guidance on how to set up or migrate to our service.

The CAF Company Account for Partnerships significantly reduces the administrative burden on Partnerships while facilitating tax relief on your charitable donations. HMRC guidelines require individual Partners to submit Gift Aid declarations each time they contribute to donations made on behalf or the Partnership. Our status as a registered charity allows Partners to make a single Gift Aid declaration to CAF, so we can claim Gift Aid on their behalf going forward.

We claim Gift Aid on your behalf, and as per your instruction, based on the contributions that each Partner has made to the overall donations. You can choose to allocate individual Partner contributions based on percentage share of Partnership profits, split evenly among each Partner, or in line with your own internal arrangements.

There are no costs for claiming Gift Aid via the CAF Company Account for Partnerships.

There is a one off set up fee for creating the tax effective structure that allows us to claim on your behalf. Our standard Company Account charges also apply.

Please contact enquiries@cafonline.org for a copy of the Service and Fee Schedule.