a slide show.

Increasing Your
Church Income
An Introduction To Gift Aid
www.elim.org.uk
Elim Pentecostal Church
Giving by Gift Aid is a simple, yet
hugely effective way of giving
It increases your giving by 25%
www.elim.org.uk
Elim Pentecostal Church
The impact of Gift Aid
£3,000
£2,500
£2,500
£2,000
£2,000
£1,500
£1,250
£1,000
£1,000
£500
£100
£125
£0
Example 1
Example 2
Normal Giving
www.elim.org.uk
Example 3
Gift Aided Giving
Elim Pentecostal Church
Advantages
Your giving increases significantly
– at no extra cost to you
Tax is reclaimable on all Gift Aided donations
– with no minimum amount
Declarations can apply to future donations indefinitely, but can
be cancelled immediately should your circumstances change
– with no minimum period of commitment
One Gift Aid Declaration can be used to reclaim tax on any
donation e.g. for a special appeal, as well as your valued regular
giving – no need for separate forms
www.elim.org.uk
Elim Pentecostal Church
How are we able to recover tax?

As a charity, Elim Foursquare Gospel Alliance (EFGA) is
exempt from income tax on its income

Individual UK tax payers make donations to the charity

EFGA recovers the basic rate tax on these donations

At current rates of tax, even starting rate tax payers can
safely donate up to £4 for every £1 tax paid

Every £10 donated through Gift Aid is worth £12.50 to the
Church
www.elim.org.uk
Elim Pentecostal Church
The Effects of Gift Aid




This chart shows the effects
of Gift Aid at a church with
100 people. Average giving
per person is £10 a week
£70,000
If 50% gave by Gift Aid,
an additional £6,500 is
recovered
£60,000
If 100% give by Gift Aid,
over £13,000 could be
reclaimed
Not all donors are likely to
be UK tax payers. However,
you can visualise the effects
of Gift Aid giving
www.elim.org.uk
£65,000
£13,000
£6,500
£55,000
£50,000
£52,000
£52,000
£52,000
0%
50%
100%
£45,000
£40,000
Giving
Gift Aid
Elim Pentecostal Church
The Benefits of Gift Aid
In our example, the Church would have achieved a significantly
higher income by its members utilising the Gift Aid Declaration
Scheme. Every Church has its priorities, but think of what could
be achieved:








Additional members of the Ministry Team?
Evangelistic Outreaches?
New Minibus?
New Sound System/Musical Instruments?
Structural Improvements/Building Extensions?
Improved Facilities?
Interior Renovations?
And so many more possibilities…
www.elim.org.uk
Elim Pentecostal Church
Three Steps
If you are a UK tax payer then Gift Aid is for you
Gift Aid Form
Complete an
Elim Gift Aid
Declaration
form
www.elim.org.uk
Standing Order
For payments
direct from your
bank account, a
Standing Order
form is included
for your
convenience
Finance Officer
Return the
completed
form to your
Finance
Officer
Elim Pentecostal Church
Giving by Gift Aid is a simple, yet hugely effective way of giving
www.elim.org.uk
Elim Pentecostal Church
www.elim.org.uk
Elim Pentecostal Church