How will gifts appear on my bank statement? All transfers will appear as coming from Kin Cooperative Limited.
Gifts received from Kin groups are not income, so you do not need to declare it as income tax.
If, however, you are using kin.coop for any prohibited use that would be liable for taxation, you should not be using kin.coop and you may be prosecuted by HMRC.Can I claim tax relief on contributions to my group? No, only registered UK charitable organisations are eligible for tax relief and gift aid. WHile Kin is a not-for-profit, it is not possible to claim relief.