On or After 6th April 2008
Question: When does £10.00 = £12.82?
Answer: When you Gift Aid your payment to your parish on or after 6th April 2008.
How? As a Gift Aid donor you are treated as making a payment net of basic rate tax.
Also, subject to Royal Assent, HM Revenue & Customs will increase the value of your donation, using the transitional rate relief announced in the Budget, by a further 32 pence.
How do I become a Gift Aid donor?
- By completing a Gift Aid Declaration – you simply make a note of your name and home postal address.
- You have to be a tax payer, paying enough income tax/capital gains tax on your income or gains to cover the amount of tax repayment obtained on your donation(s) paid during the tax year.
Am I going to be involved in obtaining a tax repayment on my donations?
No. Your Parish Gift Aid Organiser and the Diocesan Gift Aid Officer prepare the claim for the tax repayment on your behalf.
How do I obtain a Gift Aid declaration form?
Ask your Parish Priest or Parish Gift Aid Organiser. They will be only too willing to help you.
IT’S THAT SIMPLE! WHAT ARE YOU WAITING FOR?
