Why is Gift Aid important?
The income from payments via Gift Aid can be the single most significant element in your parish finances. For every £1 that is given by Gift Aid, the Inland Revenue will give 28p to your parish. Help available for Planned Giving Secretaries The Diocesan Office has invested in software that will allow us to administer gift aid payments on behalf of parishes, free of charge. Central administration means less work for your planned giving secretary and ensures that the administration of pledges is in line with current legislation. How monthly Gift Aid claims work The covenantor signs a Gift Aid declaration to the diocese in favour of your parish and a bankers order in favour of the central Gift Aid bank account. Your planned giving secretary forwards the Gift Aid declaration and bankers order to the Diocesan Office. The diocese makes a monthly claim to the Inland Revenue for the tax due. Every month the diocese will return the gift aided amount and the tax refund automatically to your pari
