In accordance with the provisions of section XNUMX and following of the UK income tax law (Income Tax Act ), for each £ XNUMX donated by individuals to charities, these entities may additionally obtain, through the system Gift Aid Scheme, £ XNUMX of the tax administration. For this, the donor must have been taxed in the year in which he makes the donation for an amount, at least, equivalent to the amount that the donor entity claims from the tax administration.
In addition, individuals who pay taxes by applying a tax rate higher than the basic rate (20%) may claim from their tax administration the difference between their tax rate and the basic rate (20%). This difference will be applied to the amount resulting from dividing the donated amount by 80% (100 - basic rate).
This system of incentivised donations is equally applicable to donations made to the Fundación Canaria Adrián Hoteles using the international network of foundations Transnational Giving Europe , which allows international donors to make tax-incentivised donations. To do this, you must make the donation to Charities Aid Foundation (CAF) , with an express indication that the donation is made to the "Fundación Canaria Adrián Hoteles".