Gift Aid is a scheme operated by the government that allows charitable organisations to reclaim the income tax that has been paid by donors on their charitable giving. For every £1 that you donate, you have already paid at least 25 pence in income tax. If you register for the Gift Aid scheme, the parish can reclaim that 25 pence of every £1 donated, increasing our income by 25%. This really is money for nothing - the government is willing to let us have the money, all you have to do is register under the Gift Aid scheme for the donations that you already make! It costs you nothing and can make a huge difference to the parish.
The rules of the scheme are simple and few:
1. You must complete a Gift Aid registration form.
2. You must pay income tax of at least as much as can be claimed back (25% of your donations) - non-taxpayers cannot join the scheme irrespective of how much they donate.
3. Only outright donations are eligible to be counted in your total giving - purchases for things like votive candles or newspapers cannot count nor can things like raffle tickets, or 150 Club subscriptions.
The parish finance committee has prepared a paper providing more information on the scheme which is available in the narthex or can be downloaded here.
If you would like to join, please complete a declaration form, again available in the narthex, speak to Fr Mathew or a member of the finance committee or down load the form here.1