The U.K. Gift-Aid Scheme was introduced in 2000 to replace the Covenant Scheme. It means that anyone paying U.K. Tax can donate to a registered Charity, resulting in that Charity being able to reclaim tax on that donation.
In the U.K. each Church is a registered Charity. Whilst our parish in Lanzarote cannot be a U.K. registered Charity, our Diocesan Headquarters in London is registered as a charity (U.K. Charity Registration No. 250186). Therefore, we can send donations to them and they can recover the tax for us and credit our account.
Thus, there are three ways you can help our Parish through the Gift-Aid Scheme:
- A one-off gift with a sterling cheque
- A regular donation in sterling by Bankers Order
- Placing your offering (Sterling or Euros) into the envelopes we have in Church. We then convert the Euros into Sterling.
All three are sent to our Diocesan Treasurer who claims the rebate from the Inland Revenue.
To participate, you must pay an amount of UK Income Tax and/or Capital Gains Tax at least equal to the tax that the Diocese in Europe reclaims on your donations in the tax year (currently 25p for each £1 you give).
If you do not pay U.K. Tax but would like to donate to your Church Funds on a regular Basis, you can do it through a Banker’s Order at your own Bank.
For further details, please contact either our Churchwarden or the Parish Secretary.