The Inland Revenue has given approval to Fellows' annual subscriptions being treated as donations under the Gift Aid scheme, with a consequent recovery of tax (currently £25 for every £100) by the Society.
In order to streamline the administration of Gift Aid, it has been agreed that Fellows should be asked to make a general Gift Aid Declaration that would relate to all donations and subscription payments until further notice. The approved subscription scheme will permit recovery of tax on donations and subscriptions paid this year and in the future. This raises in the region of £32,000 per annum for the RSE. The Gift Aid form is available for completion here, and Fellows are encouraged to do so.