THE BELL REPAIR FUND GIFT AID SCHEME

Ringing members (and friends) are warmly invited to make an annual donation to the Bell Repair Fund.  This can be in cash, by cheque or (best) through a standing order on a bank or building society.

For taxpayers, the Gift Aid scheme is an extremely efficient way of boosting regular donations.  It is also very good for one-off donations.

By making a Gift Aid declaration, the Fund (being a registered charity) benefits not only from the original gift but can obtain tax refunds from the Inland Revenue.  At a standard rate of tax of 22%, each 78p of the original donation can be increased to £1 at no expense to the donor: thus £10.00 donated can be increased to £12.82, and proportionally for any other amount - or in other words, by about 28p in the pound.

N.B.  The standard rate of tax was reduced to 20% from 6th April 2008, which means the amount reclaimable also reduced (from 22/78 of each £1 donated to 20/80).  However, the Chancellor has agreed to leave the rate that is applied to charities at its previous level until 5th April 2011.

For further details of the scheme, (given in confidence, if so requested) please contact the BRF Treasurer.