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Radical plan to simplify Gift Aid
By Helen Warrell, Third Sector Online, 1 October 2007
A coalition of sector umbrella bodies has announced that its central proposal to the Government's Gift Aid consultation will be the introduction of a fixed tax reclaim rate for each charity, based on the proportion of voluntary income it receives.
Representatives of the Charity Tax Group, Acevo, the NCVO, the Institute of Fundraising, the Charity Finance Directors’ Group and the National Church Institutions told a press briefing on Friday that their suggestion would simplify the complex audit trail necessary for reclaiming Gift Aid and increase the sector’s revenue through charitable...
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