2015-12-7-BOE and Form!
Thank you Atlantis!
Donations are so an important factor, and discussed often in branch-letters, the last year!
I don't understand this bit:
Gift Aid Small Donations Scheme: This was explained in our letters dated TAA:TAC April 25, 2013 and TAA:TAC June 6, 2014. The annual upper limit of donations on which you can claim an extra 25 per cent rises from £5,000 to £8,000 on April 6, 2016. This is proving to be an excellent way to increase the value of anonymous small cash donations (£20 or less), whether from tax payers or non-taxpayers. We recommend you take advantage of this provision.
The key point of Government Gift Aid is that the donor is known & is a tax payer. You simply claim back the tax he paid on the money he donated. How can charities claim it for non tax payers?
Haha - that's why it is so good for small charities :-0
It is referencing "The Gift Aid Small Donations Scheme" which is a relatively new scheme introduced under the umbrella of the 'traditional' Gift Aid scheme
That's all folks!
BluesBrother - New(ish) rules introduced a few years ago. A roll of 5x£20 notes cannot be classed as a "small donation" but individual notes can. You can imagine what the Accounts Servant will do. However it is very limited as you can only claim £1250 per tax year. I know some congregations who don't even bother to claim!