In light of reports that the Culture Secretary is lobbying for a reform of Gift Aid, Bill Dodwell (former OTS Tax Director) considers how the operation of that relief could be improved.
Gift Aid and charitable giving is a British success story. In 2023 the Charities Aid Foundation estimated that charities received a record £13.9bn – but from fewer donors (UK Giving March 2024). The CAF estimates that 58% of adults gave to charity – down from 65% in 2019 before the pandemic.
In 2022/23 64 160 charities claimed £1.6bn in Gift Aid repayments (HMRC’s UK charity tax relief statistics published on Gov.UK). Unsurprisingly this was not evenly spread (see figure 1). 190 charities claimed refunds of over £1m (£840m in total) while more than 23 000 charities claimed less than £1 000 amounting to some £10m. Individuals are...
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In light of reports that the Culture Secretary is lobbying for a reform of Gift Aid, Bill Dodwell (former OTS Tax Director) considers how the operation of that relief could be improved.
Gift Aid and charitable giving is a British success story. In 2023 the Charities Aid Foundation estimated that charities received a record £13.9bn – but from fewer donors (UK Giving March 2024). The CAF estimates that 58% of adults gave to charity – down from 65% in 2019 before the pandemic.
In 2022/23 64 160 charities claimed £1.6bn in Gift Aid repayments (HMRC’s UK charity tax relief statistics published on Gov.UK). Unsurprisingly this was not evenly spread (see figure 1). 190 charities claimed refunds of over £1m (£840m in total) while more than 23 000 charities claimed less than £1 000 amounting to some £10m. Individuals are...
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