More than 200 UK charities have joined a coalition calling on the Government to temporarily increase the level of Gift Aid that can be claimed in order to help keep vital charitable services running during the Covid-19 pandemic and beyond.
The proposed Gift Aid change would mean that a £100 donation from a UK taxpayer would increase to £133.33 for the charity once Gift Aid had been claimed. This compares to £125.00 as is currently the case. As a result, the Gift Aid claimed on every eligible donation would increase by one-third, up from the current one-quarter. The group have called for the increase to be in place for two years while charities work to recover from the crisis.
Over 70,000 charities claimed Gift Aid in 2019 and over 120,000 charities are known to be registered for Gift Aid and the Gift Aid Small Donations Scheme, so the proposal has the potential to help organisations of all sizes.
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