Gift Aid
GiftAid is the scheme whereby basic rate tax can be reclaimed by registered charities, incluidng PCCs, on donations they have received, adding 25% to the donation, at no extra cost to the giver. Donors must pay sufficient UK tax to cover the tax reclaimed on their donations.
Learn more about how your church can claim GiftAid
The Gift Aid Small Donations Scheme, or GASDS as it’s more commonly known, was introduced in 2013 to enable charities and churches to claim GiftAid on small cash donations, where no GiftAid Declaration had been given. For example, cash collected in buckets via street collections, in donation boxes in museums and art galleries or in plate collections and visitor donations in wall safes.