Gift Aid

Take advantage of a simplified system that will allow tax to be reclaimed on all your donations to the Parish. This means, for every pound you give, the parish will benefit from a twenty five* pence rebate. If you pay Income Tax, whether it be on wages, salaries, pensions or dividends on shares, you could donate through Gift Aid. We do not need to know your income or details such as your National Insurance number. All you have to do is sign a simple confidential form, and make your donation by offertory envelope or standing order. To get the taxman giving is simple. You just make a declaration that you would like all your donations to the Parish to be treated as Gift Aid. This can be done in person or over the telephone. Not only is New Gift Aid a simple way to give more, it is also very flexible. One declaration will last your lifetime - though you can cancel it at any time. It covers weekly giving at Mass as well as one off donations - there is no set amount required for a donation - you can stop and start as your finances allow - you can reduce or increase your payments to suit your changing circumstances such as a promotion at work, a new baby or a loss of income. We are most grateful to those who are already contributing via the Gift Aid scheme. Contact our Parish Representatives, Penny Harding on 07445 336573 (Bedworth) or Aileen Andrews 024 7638 5344 or Margaret Preedy 024 7635 4557 (Bulkington) if you feel you can participate in Gift Aid at Our Lady of the Sacred Heart or St Francis of Assisi, Bedworth.
*From April 2008, because the Basic Rate of Income Tax has been reduced to 20%, Gift Aid rebate is also reduced from 28p to 25p in the pound.  This is how the system works:

If you give annually	Tax reclaimed	The real amount of the gift is
£250.00	£62.50 @ 25p in the £	£312.50
£100.00	£25 @ 25p in the £	£125.00
£78.00	£19.50 @ 25p in the £	£97.50
£50.00	£12.50 @ 25p in the £	£62.50