Posts Tagged: Gift Aid reform

Could lifetime legacies fit the bill if Gift Aid reform fails to satisfy?

In the very near future, a group of third sector bodies will put forward a series of recommendations to the Treasury for Gift Aid reform. Sadly, these look likely to be relatively modest, compared with what sector figures once hoped to achieve. And as a result, some sector figures are looking around for other models… Read more »

Can Gift Aid reform break out of this Sisyphean state?

When I was at school, an enthusiastic teacher decided to educate us in the Greek myths. One was the story of Sisyphus, who irritated Zeus, the king of the gods, and was condemned in return to push a rock up a hill for all eternity. Once the rock got to the top, it would always… Read more »

Charities could face tax bills that cancel out their relief

How much tax does the charity sector pay? It’s not meant to pay any, in theory. But in practice it pays a lot, it turns out, according to a very informal survey I carried out last week. Having spoken to a few charities’ finance directors, it appears many operational charities pay around a tenth of… Read more »

Cancer Research UK’s proposal on Gift Aid reform is by no means perfect

It is good to see Cancer Research UK taking the lead on Gift Aid reform by supporting a 30p composite rate. It’s an idea that means charities would receive 30p in Gift Aid on every £1 given by a taxpayer, and higher-rate taxpayers would lose the right to claim any personal tax relief on donations…. Read more »