Charitable Gifting

The ability to support  charity  is one that is extremely important for  many of our clients and indeed for people all around the UK. 

The  Charities Aid Foundation calculate that around £10 billion is gifted to  charity in the UK each year.​ With the events of 2020 and effects of Covid-19, the need for charitable  gifting is one that has been highlighted even more so, both with  individuals wanting to make donations, and also  the necessity for  donations for charities to survive and continue with their respective  works. 

Gift Aid​ 

The most popular, and often easiest, way to gift to charity in the UK is  through cash donations though the government’s Gift Aid scheme. Gift  Aid is a tax relief allowing UK charities to reclaim an extra 25% in tax on  every eligible donation made by a UK taxpayer.  ​Or put simply for every £1 you  donate , the charity can claim back an  extra 25p from the government.​ 

The basic premise for this is that as you are donating utilising money  you have already paid tax on the government agree to forward this tax paid (up to the basic rate of 20%) onto the charity. 

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