Gift Aid is a simple way for UK taxpayers to increase their giving to charities with very little effort. HM Revenue and Customs add to every penny you give us. All you need to do is to give your signed permission to claim.
HM Government has revised the rules for Gift Aid. The basic rate of tax is now 20% so this means that if you give £10 using Gift Aid to the Bible Text Publicity Mission, we can claim 25 pence for every pound given, making your gift worth £12.50. For donations between 6 April 2008 and 5 April 2011 HM Government will also give us an additional payment of 3 pence on every pound given.
To Gift Aid a donation a supporter must be paying Income Tax at the Standard rate or higher. You must pay an amount of Income Tax or Capital Gains Tax, which is at least that of the tax that is claimed back. Gifts already made in the last six years can also be claimed. Currently you can ask for Gift Aid donations to be treated as being paid in the previous tax year if you paid enough tax that year to cover both any Gift Aid gifts you made that year and the ones you want to backdate. There are additional tax advantages for donors paying a higher rate of tax. BTPM advises people in this category to speak to their financial advisor.
Gift Aid really helps us. If you wish to make a donation under Gift Aid please download our new Gift Aid Declaration form and post it with your gift to PO Box 2677, ROMFORD, RM7 8XF. This Declaration can also be used to cover any future gifts that you make from the date of your signature, but does not commit you to making additional gifts. Thus you will not need to fill in a form every time you send us a gift. Should your circumstances change in the future, you can of course cancel this at any time. We keep a meticulous spreadsheet of gifts made in this way and claim on an annual basis. Details of the tax refunds received are published in our Annual Accounts, which can be viewed on-line.
HM Government has revised the rules for Gift Aid. The basic rate of tax is now 20% so this means that if you give £10 using Gift Aid to the Bible Text Publicity Mission, we can claim 25 pence for every pound given, making your gift worth £12.50. For donations between 6 April 2008 and 5 April 2011 HM Government will also give us an additional payment of 3 pence on every pound given.
To Gift Aid a donation a supporter must be paying Income Tax at the Standard rate or higher. You must pay an amount of Income Tax or Capital Gains Tax, which is at least that of the tax that is claimed back. Gifts already made in the last six years can also be claimed. Currently you can ask for Gift Aid donations to be treated as being paid in the previous tax year if you paid enough tax that year to cover both any Gift Aid gifts you made that year and the ones you want to backdate. There are additional tax advantages for donors paying a higher rate of tax. BTPM advises people in this category to speak to their financial advisor.
Gift Aid really helps us. If you wish to make a donation under Gift Aid please download our new Gift Aid Declaration form and post it with your gift to PO Box 2677, ROMFORD, RM7 8XF. This Declaration can also be used to cover any future gifts that you make from the date of your signature, but does not commit you to making additional gifts. Thus you will not need to fill in a form every time you send us a gift. Should your circumstances change in the future, you can of course cancel this at any time. We keep a meticulous spreadsheet of gifts made in this way and claim on an annual basis. Details of the tax refunds received are published in our Annual Accounts, which can be viewed on-
