Sunday, 1 April 2012

Charity welcomes Budget's Gift Aid Small Donation Scheme

We welcome the Government's plan to introduce a new Gift Aid Small Donation Scheme.

This will particularly benefit us smaller charities that have to currently maintain quite detailed (and what some might consider intrusive) records of its donors in order to be able make a claim for Gift Aid.

The guidance as it currently appears in consultation form appears to be quite strict, but could allow us to reclaim up to £1,250 in Gift Aid on small cash donations up to £5,000.