These questions and answers explain how to make any gifts which you may make to Christian Prayer Ministries (or indeed any other Charity) worth 28% more to by using the Gift Aid scheme, which is open to all UK income tax-payers.

How does Gift Aid work?
The Gift Aid scheme allows taxpayers to give to charities in such a way that the tax already paid by them can be claimed back and added to your giving.

Does it cost me anything?
No, not a penny! If you have already paid tax on earnings, pension, investment or capital gains, then all we are doing is getting that money back from the Government. At least then, we can be assured that some of the tax we have paid is going to a good cause.

Is it worth the effort?
With the basic tax rate at 22%, a gift of £10-00 increases in value to £12-80. The pennies do really make the pounds - overall, this could be worth several thousand pounds a year to CPM.

Can anyone do it?
You need to be a taxpayer and pay enough income tax (at whatever rate) or capital gains tax in each tax year to cover the tax reclaimed on your giving.

How much can I give?
Providing that tax has been paid on your gift, there are no lower or upper limits on how much you can give.

How often can I give?
As often as you like - monthly, annually, in fact whenever you want - whatever is best suited to your needs.

How can I give?
Your gift must be traceable to you, so by cheque or standing order is the preferred method. If in cash, then it must be in a sealed envelope with your name on.

What about the long-term?
Having made a gift, there is no legal commitment to continue. Just let us know if for any reason you need to stop, or if you change your address. Your commitment is solely between yourselves and the Lord.

Who will know what I give?
Full confidentiality is maintained. Only the Inland Revenue and those who administer the scheme know who gives what. Details of gifts are not circulated to CPM Leadership.

I pay higher rate tax:
You can enter details of your gifts on your tax return and claim the difference between basic and higher rate tax on your gifts.

I've stopped paying tax:
If after starting to give via Gift Aid you cease to be a taxpayer or to pay enough tax, you should notify us so that we do not try and reclaim tax not paid. You would be liable to refund the Inland Revenue if too much tax is recovered.

What about gifts already made?
Providing your gift was traceable (ie. by cheque, standing order or in a named envelope), your Gift Aid declaration can cover all gifts made since 6th April 2000.

What about husbands and wives?
Your gift must be based upon tax you personally have paid. If both husband and wife pay tax, then both can give under the Gift Aid scheme. If tax is only paid by one, then the scheme is restricted to the tax-paying partner.

I hate paperwork:
Apart from the once-off declaration, and making sure we know who the gift is from, there is nothing else for you to do! We record your gifts and at the end of the tax year we will reclaim the tax paid on them. If you are a higher rate taxpayer then you should also keep a record of what you have given; you may find that useful when you complete an Income Tax return.

What do I do now?
To give via Gift Aid, complete and return the Gift Aid Declaration.

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