Shelter will act as your ‘agent’ to sell your donated goods on your behalf, the sale proceeds (minus commission of 2% plus VAT) can then be donated to the charity as a Gift Aid donation.
Our agency agreement:
Shelter (Trading) Ltd will act as my agent in selling the goods, from which a 2% commission fee + VAT will be deducted from the proceeds of the sale. The net proceeds from the sale of the goods can then be donated to Shelter. It will not be necessary to write to me to confirm the donations, provided that the total net proceeds from the sale of the goods so far in the tax year has not exceeded £1000. Shelter will write to me to seek consent to those funds being donated over and above the initial £1000 and will write with in-year updates as further goods are sold. Shelter will also write to me at the end of the tax year to confirm the sale proceeds for the year and Gift Aid we have claimed. Unsold or unsuitable goods will be recycled or disposed of and will not be returned.
As the owner, you can choose to donate all or part of any sale proceeds over £1000 within the tax year. Shelter can claim Gift Aid on the agreed amount donated after any commission (including VAT) has been deducted. You also have the right to keep any of the sale proceeds over £1000 within the tax year (minus commission of 2% plus VAT).
Gift Aid Declaration:
I would like Shelter to reclaim the tax I have paid on all donations I have made in this tax year, the four years prior to this year, and on any donations I may make in the future.
Important: If your tax circumstances change or name/address details change please notify Shelter in writing confirming these changes. You must be a UK taxpayer. If you pay less Income Tax and/or Capital Gains Tax than the amount of Gift Aid claimed on all your donations in that tax year it is your responsibility to pay any difference.