Q: Where and when is the event to be held?
It will be held on Sunday 26th September 2010 at the Riverside Centre in Newport.
Q: How can I take part?
You can either apply online, contact Ron on 884913 or George on 740951, or pick up a registration form from any of the following:
NEWPORT: Wight Mountain & Medina Leisure Centre
RYDE: Waterside Swimming Pool & The Sports & Model Shop.
LAKE, SHANKLIN, SANDOWN & VENTNOR: Earth Wind & Water, The Sports & Model Shop, Sporties, The Heights Leisure Centre & Extreme Cycles
FRESHWATER: West Wight Sports Centre.
Also from Libraries & Tourist Information Centres over the Island.
NB: This will need to be handed in at the Riverside Centre on the day.
Q: Where are the routes?
In all cases the registration is from 10:00am to 12:00 Noon.
All routes can start at the Riverside Centre, Newport. Riders can choose to start the Sandown Route at Perowne Way, or the Cowes route from Arctic Road.
The three routes are:
Route 1 (8 MILES)
Newport - Cowes
A short cycle ride from the Riverside Centre to Cowes and back.
Booking: Not Essential
1.5 hours, easy.
Route 2 (16 MILES)
Newport - Sandown
A lovely ride through beautiful scenery along the Newport to Sandown Cycle track then returning to the Riverside Centre.
Booking: Not Essential
2.5 hours, moderate.
Route 3 (26 MILES)
Newport - Freshwater
For the more adventurous a challenging cycle ride from Newport to Freshwater and back passing through Newtown, Shalfleet and Yarmouth.
Booking: Not Essential
3 hours, strenuous.
Q: Who will help with the route on the day?
There will be marshals on each of the routes to show you where to go.
Q: What will I get if I complete the course?
All participants will receive a medal for completing the course. In addition we are awarding prizes for the most successful fundraisers.
Q: Will I be able to enter if I don’t have a sponsorship form?
We encourage you to get as many sponsors as possible, but you can give a donation instead.
Q: How does Gift Aid work?
The Gift Aid scheme is for gifts of money by UK taxpayers. Charities or CASCs (Community Amateur Sports Clubs) take your donation - which is money you've already paid tax on - and reclaim basic rate tax from HM Revenue & Customs (HMRC) on its 'gross' equivalent - the amount before basic rate tax was deducted.
Basic rate tax is 20 per cent, so this means that if you give £10 using Gift Aid, it’s worth £12.50 to the charity. For donations between 6 April 2008 and 5 April 2011 the charity or CASC will also get a separate government supplement of three pence on every pound you give.
Q: How to make a donation using Gift Aid
In order to make a Gift Aid donation you’ll need to make a Gift Aid declaration. The charity will normally ask you to complete a simple form - one form can cover every gift made to the same charity or CASC for whatever period you choose, and can cover gifts you have already made and/or gifts you may make in the future.
A Gift Aid declaration must include:
your full name
your home address
the name of the charity
details of your donation, and it should say that it's a Gift Aid donation
Q: Making sure you’ve paid enough tax to use Gift Aid
You can use Gift Aid if the amount of Income Tax and/or Capital Gains Tax you’ve paid in any tax year (6 April one year to 5 April the next) is at least equal to the amount of basic rate tax the charity or CASC is reclaiming on your gift.
You don’t necessarily have to be working to be paying tax. Apart from tax on income from a job or self-employment, the tax you’ve paid could include:
tax deducted at source from savings interest
tax on State Pension and/or other pensions
tax on investment or rental income
Capital Gains Tax on gains
But only UK tax counts, so if you only pay tax outside the UK you won’t be able to use Gift Aid.
How to check if you’ve paid enough tax
To work out if you’ve paid enough tax to cover your donations, divide the donation value by four. For example, if you give £100 in a particular tax year you will need to have paid £25 tax over that period. (£100/4 = £25). (Note that this calculation is based on the basic rate tax of 20 per cent)
If you don’t think you’ve paid enough tax this year, you may be able to backdate your donation. See the later section ‘Backdating Gift Aid donations to the previous tax year’.
Claiming back higher rate tax
If you pay higher rate tax, you can claim the difference between the higher rate of tax (40 per cent) and the basic rate of tax (20 per cent) on the total (gross) value of your donation to the charity or CASC.
For example, if you donate £100, the total value of your donation to the charity is £125 - so you can claim back 20 per cent of this (£25) for yourself. You can make this claim on your Self Assessment tax return if you were sent one. For more information see section below ‘Telling HMRC about your Gift Aid donations’.
Q: What will happen to the proceeds?
All the proceeds raised in this event go to helping the Island Parkinson's sufferers.
Q: How can I find out more about the Parkinson’s UK.
http://www.parkinsons.org.uk or telephone them on 020 7931 8080
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