Giving - Q and A
What does the Bible say about giving?
Lots. Some Bible verses you may want to check out: 2 Corinthians 9:7, Mark 12:41-44, Hebrews 13:5, Proverbs 3:9-10.
Why give to the church?
Peachcroft Christian Centre is almost entirely funded by those that attend the church, with a small amount of denominational grant support. At present it costs around £90k a year to run Peachcroft Christian Centre. Many of those that give see financial giving as part of our response to God in thanksgiving for all he has done for us.
I have heard the church tithes, what does this mean?
Peachcroft Christian Centre aims to give away 10% of its income each year to support the wider mission of the Church. Some money goes to our supporting denominations for mission work and other money goes to Christian charities chosen by the membership often that the church has some connection to.
What benefit is regular giving?
Regular giving benefits the church as it provides us with vital regular income and enables us to better budget for the year. For the donor it is simple to set up a regular donation through online banking and provides a record trail should the donor need to complete a tax return.
What if I want to stop?
There is no commitment. If for any reason you want to stop, you can.
What if I don’t want to set up a regular donation?
You can also donate to the church through cheque or cash or make a oneoff online donation and this is gratefully received. The online donation method is favoured, if possible, as it involves very little administration. The church can also receive donations through schemes such as payroll giving.
What is Gift Aid?
The Gift Aid scheme allows tax payers to give to the church in such a way that the tax you have already paid can be claimed back and added to your giving. For example if you give £20 a month, your donation increases to £25 a month.
How much can I give with Gift Aid?
There is no minimum or maximum. However, you need to pay enough income tax or capital gains tax in each tax year to cover the amount reclaimed on your total Gift Aid giving, i.e. the £5 on the £20 donation.
What if I don’t pay tax?
If you don’t pay tax, Gift Aid cannot be claimed back on your donation, so you shouldn't fill in the form.
What if I am a higher rate tax payer?
Higher rate taxpayers can claim back extra tax relief through their tax return.