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Gift
Aid
This scheme allows the parish
to recover money from the inland revenue in respect of tax
paid on donations where there is an audit trail in place to
show the donation going form the donor and into the bank
account of the parish. There is no commitment to a specific
amount of money for a given period of time.
The requirements of the scheme
are:
- The completion of a simple
form - a gift aid declaration.
- The donor must pay income
tax equal to the amount being reclaimed each year.
- The donor must be a user
of planned giving envelopes or use a standing order (see
above).
- The parish can gain a
further 28p for every £1 contributed.
The declaration can run
indefinitely but can be cancelled at any time if personal
circumstances change. For further details contact Bernard
Steer on 0115 923 2028.
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