If
you're a regular donor to St. Michaels and a UK taxpayer but haven't
yet signed up for Gift Aid, now's the time!
What
is Gift Aid?
Gift
Aid is a government scheme that lets St. Michaels reclaim the basic
rate of tax on your donations. This means for every £10 you donate,
the church gets an extra £2.50 from the government, at no extra cost
to you!
Are
You Eligible?
If
you pay UK Income Tax or Capital Gains Tax, you're likely eligible.
You just need to ensure you pay enough UK tax in a tax year (April
6th to April 5th) to cover the amount St. Michaels (and any other
charities you support) will reclaim. Taxes like VAT and Council Tax
don't count.
How
Does it Help St. Michaels?
Once
you complete a Gift Aid declaration, St. Michaels can reclaim tax on
your eligible donations. We can track these through standing orders.
Why
Is It Important Now?
St.
Michaels' finances are stretched due to building work, rising fuel
costs, and inflation. A lot of potential funds are missed from
unclaimed tax on anonymous cash donations. Joining Gift Aid can
significantly boost the church's income.
How
to Join
Pick
up a form: Grab a Gift Aid form from the back of the church near the
notice boards.
Fill
it out: Complete the form with your details.
Submit
the form: Drop the completed form in the Gift Aid box at the back of
the church.
Already
Donating by Standing Order?
Please
consider reviewing your standing order and increasing your donation
if you can. You can easily do this via online banking or at your
bank.
Need
Help?
The
St. Michaels finance team is happy to answer any questions or help
you sign up for Gift Aid. For more details on the Gift Aid scheme,
click on the HM logo.
Your
support makes a big difference!