Cancer Research UK aim to generate an additional £18 million in revenue through Gift Aid over the next five years thanks to Cybertill’s cloud based EPoS and gift aid system. The charity retail system encompasses an electronic point of sale (EPoS) system and gift aid solution and it has been implemented throughout Cancer Research UK’s 555 retail shops throughout the UK.
Under the Gift Aid scheme, charities can reclaim an extra 25% in tax on every eligible stock donation by a UK taxpayer. This incentive for charity retailers has seen some national and regional charities recently install EPoS and gift systems throughout their estate. With Cancer Research UK deploying Cybertill, this means that nearly one third of all charity shops in the UK have signed up to Cybertill’s charity retail system.
Head of Retail Operations at Cancer Research UK, Sue Azzopardi, said, “Cancer Research UK has some ambitious fundraising targets to meet in the coming years and our retail chain has a vital part to play in us reaching that goal. By installing the Cybertill system into our 555 stores across the UK, it will enable us to claim gift aid and manage our bought in goods and stock more effectively. This is a wonderful opportunity and I know that we can deliver some great results for Cancer Research UK by achieving the most income from the donated stock so generously given by our supporters.”