North Yorkshire Moors Railway has received the go-ahead from HM Revenue & Customs to be able to offer Gift Aid and claim 25 per cent tax back from donation tickets.
Visitors buying the donation fare Freedom Ticket, which is ten per cent more than the basic ticket, will be able to hop on and off and experience the whole railway. As part of the Freedom Ticket, passengers paying the donation fare will also be given a voucher for 15 per cent of the amount paid to use on the day in the railway’s gift shops or tea rooms.
NYMR finance director Garry Mumford said: “Gift Aid is a means by which a charity can reclaim the basic rate tax that the donor has paid on their donation. This has the effect of increasing the value of donations by 25 per cent, at no extra cost to visitors experiencing the whole line from Pickering to Whitby.
“The agreement from HM Revenue & Customs means this will generate a considerable amount of additional income, which will contribute toward the continued preservation of the railway for future generations to enjoy.
“The ability to Gift Aid will help the charity to continue to provide a high quality, safe and authentic evocation of the steam age for all.”
Passengers will be able to purchase a Freedom Ticket from the start of the season, with trains operating daily from April 6. To Gift Aid your donation, you must be a UK Taxpayer and complete a Gift Aid declaration. Donation Freedom Ticket fares start at £36.30 and are available from the Booking Offices or www.nymr.co.uk.