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Giving
If you are a taxpayer you can make your Christian giving go further by taking
advantage of a Gift Aid Scheme, which allows recovery of tax for payments made
to charitable organisations. Currently, for every £100 given, the recoverable
tax is £28.
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Many organisations can reclaim the tax on the gifts you make to them, but you
will need to complete a Gift Aid Declaration for each one you donate to. Some
organisations, such as your local church, may not have the charitable status or
facilities to benefit from the recoverable tax.
By opening an Impact Giving Charity Account, a single declaration enables you to
distribute your resources to as many recipients as you wish. You tell us
who you wish to donate to and we do the rest. It’s as simple as that. Tax
reclaimed is placed in your account, to be retained or redistributed as you
decide. You retain full control over your giving.
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Your donations
These are usually set up as a standing order from your bank account, to be paid
into your Impact Giving Charity Account on a regular basis. Additional payments may also
be made to top-up your balance. Irregular giving is also accepted through
cheques or direct bank transfers. We also accept single one-off payments
subject to a minimum amount of £50.
Your beneficiaries
You can give to -
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Christian charitable organisations
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Your church
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Full time Christian workers
We can organise payments to your chosen Christian beneficiaries within the
schedule you decide. Because you are in control of you giving, you may alter or
stop payments at any time. Single gifts, subject to a minimum of £50, can also
be made at any time. You also have the option of making part or all of your
giving anonymous.
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What you receive
For regular givers, we enable you to easily make one-off payments (for example
in response to an appeal) by providing you with a charity voucher book. Just
like cheques, vouchers authorise payments to be made to the designated
recipient. You simply give one to a beneficiary, they fill in their account
details, and we action the payment.
Every three months you are supplied with a statement detailing payments in and
out of your account, including any tax reclaimed. These statements can be
retained as evidence for your own tax returns.
Other information
Tax recovery for regular giving is generally made once at the end of a tax year
for the accumulated total of your donations. However, larger or one-off
payments are usually reclaimed within 6 weeks after receipt of the payment.
All instructions regarding payments to beneficiaries must be made in writing
(via email if you prefer). The application form for the Impact Giving Charity Account
contains space for you to supply the initial details of your giving.
The Trust does not charge for its giving services but asks the giver to
consider a donation to cover administrative costs.
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Giving