Gift Aid Scheme
DO YOU PAY INCOME TAX?
Then please join the Gift Aid Scheme!
If you have an income on which you pay U.K. Income tax, you can boost
the donations you are currently making to your parish by 25% without
giving any extra!
What is Gift Aid?
It is a scheme designed to encourage donors - who must be taxpayers - to
sign a declaration form so that all their donations to the charity
(R.C. Diocese of Southwark) can be treated as gift aid donations. The
donations can be of any amount, and there is no lower or upper limit and
they do not have to be of a fixed amount or frequency. By signing the
forms, donors can ensure that the parish gets a substantial refund from
the Inland Revenue without having to increase their level of giving.
In order for OLQP to benefit from your donations:
- You must be a U.K. tax payer
- You must complete a Gift Aid Declaration (please ask the parish
organiser, Nadia Galindo-Slim)
- Your contributions must be easily identified as coming from you (once
you sign up for the Gift Aid Scheme, you will receive a box of envelopes
- this helps identify the donation coming from you. All you have to do
is place your donations inside the envelope!)
For every pound you give, your parish will get back an additional 25
pence from the Inland Revenue. This comes from the taxes you have
already paid HMRC! So it is not an additional donation from you and it
will not cost you extra.
If you wish to join the scheme, please talk to the
parish organiser, Adrianna, c/o in[email protected]
FREQUENTLY ASKED QUESTIONS:
- How much tax must I pay to be able to take part in Gift Aid?
You can join the gift aid scheme providing you are a UK taxpayer and
pay an amount of income tax at leats equal to the amount of any refund
claimed by the parish on your donations.
- Do I have to make a Binding Commitment?
No. Gift Aid is not a binding commitment and the parish will only
claim back a tax refund on the actual amount you have given. You will
not be asked to make up any missed payments, unless you choose to do so.
- What happens if I change my address?
Just inform the parish organiser, Nadia. Yo do not have to complete a
- What if I stop paying Income Tax or wish to cancel?
Inform the parish organiser, Nadia, and we will cancel your
- Can I change the amount I give?
Yes. You can increase or decrease the amount you give at any time
without having to complete a new declaration.
- Is Gift Aid confidential?
Yes. You do not have to disclose details of your income, savings,
pensions or any other personal details.
- What if I move to another parish?
If you have already signed a gift aid declaration, all you have to
do is advise your new parish organiser of this fact and continue to use a
method of payment that is easily recordable by the new parish.
- Can I make donations via standing order?
Yes. It is very much encouraged to set up a standing order, after
having signed a declaration form, and the parish will help you sort out
the details to go about setting this standing order with your bank.