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Charities anticipate new boost for Gift Aid donors

March 27, 2013 20:30
Norwood bike riders: charities may benefit from the new Gift Aid rules

By

Jennifer Lipman,

Jennifer Lipman

1 min read

Communal charities have welcomed plans for a government consultation on enabling donors to sign up only once for gift aid, rather than each time that they make a donation.

As the system stands, people must declare for Gift Aid each time they donate online. If they do not, charities lose the possibility of upping the contribution by a quarter, whereby a £10 donation would actually put £12.50 in the charity’s coffers.

Last week’s Budget contained a pledge for the government “to consult on proposals to make it easier to claim gift aid through a wide range of digital giving channels, including options for enabling donors to complete a single gift aid declaration to cover all their donations though a specific channel.”

The Charities Aid Foundation suggested the proposal could be worth more than £700m a year to the third sector, and Magen David Adom UK chairman Daniel Burger said it was “priceless”.