24 Waldingfield Road,
Dear Brothers and Sisters in Christ,
Let’s think about money!
These days we are becoming more and more careful about how we use our money. How can we make it go further? One way in which your giving to churches can go further, at NO COST TO YOU, is to claim Gift Aid.
Do you give regularly to church and pay income tax? If so, then your gifts can easily be worth 25% more by filling in a Gift Aid form.
Gift Aid is a simple way to increase the value of your gift to the church - at no extra cost to you. If you pay tax in the UK, the church can reclaim the basic rate tax (25%) on your gift. So, if you donate £100, it is worth £125 to the church.
Do I qualify for Gift Aid?
For the church to reclaim the tax you have paid on your donations, you must have paid income or capital gains tax (in the UK) for each tax year (6 April to 5 April) at least equal to the tax that all the charities that you donate to will reclaim on your gifts for that tax year. Other taxes such as VAT and Council Tax do not qualify.
How do I sign up to Gift Aid?
The process is simple - all you need to do is make a Gift Aid declaration. This form is available from your church treasurer.
The church gains many thousands of pounds from claiming Gift Aid and all because tax payers have filled in a simple Gift Aid form.
Back in the 18th century, John Wesley could have been a rich man. Instead he worked out that he needed £28 a year to supply all his needs and he gave the rest away to good causes.
Jesus said in the Sermon on the Mount in Matthew 6, “Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also.” [ Matthew 6: 19-21 NIV] Wesley wrote a stimulating sermon “Light and Money” based on this text. Wesley commented that Jesus “wants us to earn enough to provide for our various needs, but he does not want us to earn or possess more wealth than is necessary for these needs.” [“Sermons on several occasions” Pub Moorleys 1987] How do you fare when reflecting on your life-style and your money?
Please can I thank you for your generosity to the church. If you have not recently reviewed your giving to the work of the church, please can I suggest you consider increasing it in line with inflation, if not more. Many folks in the congregations give generously of their time and talents too, for example, on Saturday I watched as a church flower arranger put together a beautiful display. Thank you.
Please can I urge tax-paying people who give to the offertory to fill in a simple Gift Aid form. Please contact your church treasurer. Thank you.