Welcome to the Visually Impaired Sailing Association
Why should I donate my boat to VI-SA-GB?
This is a question often asked when we or others suggest donating their boat toVI-SA-GB? There are two basic reasons why someone will donate their boat.
Tax effective donations
There are numerous ways that donations by individual benefactors can attract the benefit of tax relief.
For instance, from the individual’s point of view, apart from the obvious moral benefits to them of giving to charity, there are also added benefits for higher rate tax payers who can claim back the difference between the higher rate of tax and the basic rate of tax.
Individuals are often unaware of this and this is something worth pointing out to potential donors if they have a boat that
where someone wishes to gift an asset to a charity or community amateur sports club (CASC)
it is often better for tax purposes to sell the asset and gift aid the proceeds.
This is an area that is often overlooked by both donors and the beneficiary.
How does it work?
Such sales do not normally attract Gift Aid. However, a way to ensure that any such sales do retain this tax benefit is to offer to sell any goods for individual donors as an agent acting upon the donors behalf in the sale with an understanding that the donor will then donate the proceeds of sale, thus qualifying for Gift Aid. This is better known as Retail Gift Aid.
There are strict rules to ensure that any eventual donation by the individual donor from the sale of their own boat qualifies for Gift Aid.
These are that: List of 4 items
What types of boat would help VI-SA-GB?
VI-SA-GB is currently seeking (donated) sail boats, especially an offshore -cruising yacht, newer or older vintage, able to accommodate a crew of 10 or more for extended periods of time at sea.
If you have any type of boat at all, and are unsure of its suitability please complete the ticket below and someone from VI-SA-GB will contact you by return
The Visually Impaired Sailing Association of Great Britain receives no statutory funding and is entirely dependent on donations and contributions from companies, trusts and private individuals.
If you are planning to hold any kind of fundraising activity to raise money and/or awareness for The Visually Impaired Sailing Association of Great Britain please tell us about it and we’ll post it on our events calendar.
e-mail ... the basic details plus the relevant contact details if there are any and we’ll post it on our site within 48 hours.
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