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Consultation on Gift Aid

Leonard Beighton, a member of the Low Incomes Tax Reform Group and a director of Tax Volunteers, considers possible changes to Gift Aid

 
Leonard Beighton a member of the Low Incomes Tax Reform Group and a director of Tax Volunteers considers possible changes to Gift Aid
 
The Treasury has just completed its consultation on gift aid. In this article I look at the background and set out the response iconoclastic in parts of the Low Incomes Tax Reform Group (LITRG).1
Background
 
Gift aid was introduced in 1990 as a tax-efficient means of making one-off gifts to charities supplementing charitable covenants which at that time gave relief for regular giving for periods exceeding three years....

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