Have you ever been asked to Gift Aid your regular contributions to your church and wondered what it is all about?
If you are a UK taxpayer you are probably eligible to make your contributions by Gift Aid. This means that the church is able to reclaim 25p for every £1 you give – without costing you a single penny.
All you have to do is confirm in writing to your church treasurer – or Gift Aid organiser – that you will pay an amount of Income Tax and/or Capital Gains Tax for each tax year – running from April 6 to April 5) that is at least equal to the amount of tax that the church and other charities will reclaim on your giving during that tax year.
If you have further questions please ask your church treasurer or Gift Aid organiser.