It’s a good ministry practice to review your pastor’s housing allowance each year, but do you know that the designated amount can be amended at any time? It’s important for pastors to request changes sooner rather than later, because adjustments can only be applied to the remaining months of a calendar year and cannot be made retroactively.
Actual costs for expenses like a rent or mortgage payment, utilities, and repairs may be higher or lower than initial estimates. Here are three self-checks that your ministry can complete this month to help avoid end-of-year surprises:
If you have questions about your pastor’s housing allowance, contact your MinistryWorks payroll specialist.