Gift Aid

What is Gift Aid?
If you make a charitable donation via Gift Aid BCM can reclaim from the Inland Revenue basic rate tax you paid on the money you are giving.

What are the benefits?
The value of your individual donation will be increased by 28% if you use Gift Aid.  And if you are a higher rate taxpayer you can claim the difference between the higher rate of tax and the basic rate in your Self Assessment return, so you can afford to give even more. Giving by Gift Aid makes an enormous difference. If you are able to give a regular amount by standing order that will help BCM even more. A gift of £10 per month becomes £153.60 per year to BCM after claiming an extra £33.60 in Gift Aid which we can spend on mission work

How does it work?
You can make payments, large or small, by cash, cheque, postal order, direct debit, standing order, debit or credit card or even in a foreign currency (including the euro). Your donation will qualify for Gift Aid if you:

• pay at least as much tax (income or capital gains at any rate) as BCM will reclaim on your gifts in the financial year in which you make them (tax credits on dividend income count towards the tax paid)
• make a simple declaration (Click here for form) to BCM that you want your gift to be treated as a Gift Aid donation.

There are no catches and it costs you nothing.

Further information is available from the Inland Revenue, on their telephone helpline 0151 472 6056/6038/6055 or, in Scotland, 0131 777 4040, or on their website. There is a useful Inland Revenue leaflet, IR65 Giving to Charity by Individuals, which gives you more information.