What Is Gift Aid?
Gift Aid is set up by the UK government to maximise what is donated to charities.
If you are a UK taxpayer, we at TVC Church can claim an extra 25p from the Government for every £1 you give – at no extra cost to you.
That is 25% of everything that you give – it really adds up!
What does it mean for me?
In order to allow TVC Church to claim the extra 25% from your donation, you simply need to complete a Gift Aid declaration. This is your declaration that you are a UK tax payer and that you are happy for us to claim the Gift Aid on your donation – we do the rest!
The easiest way to do this is through MyChurchSuite.
If you have a MyChurchSuite log on, simply go to the giving tab and then click ‘declarations’. It is really easy.
MyChurchSuite is the system that we use for all of our admin so it is the most effective way for us to process your gift aid. You can also amend or cancel your declarations should you need to.
Is there a catch?
This scheme is set up by HMRC (who collect your tax) to give charities a helping hand. The extra 25% comes from the tax that you have already given to the government. They pass it back to the charity.
There are one or two cases where you need to just make sure that you are paying enough tax to cover your donation and that is outlined below.
When should I not Gift Aid?
You should only sign a Gift Aid declaration if you are a UK tax payer.
If you do not pay tax at the moment, then you should not sign a new Gift Aid declaration. You should close any old declarations.
If you don’t pay much tax, you should look carefully at what you are donating and how this relates to how much tax you pay. If the amount of Gift Aid that is being claimed in your name is more than the tax that you have paid, the government will expect you to pay the difference – not the charity!
If you have stopped paying tax then you should notify any charities who have a Gift Aid declaration open for you.
You can not Gift Aid if you are donating through a business.