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Charity Tax Group still hopeful for accounts-based Gift Aid
By Helen Warrell and David Ainsworth, Third Sector Online, 12 March 2008
Members of the charity coalition advocating an accounts-based system for Gift Aid are still hoping that it will receive sympathetic consideration in future, despite the fact that it was not mentioned in the Chancellor's Budget statement.
Instead, Alistair Darling announced that charities would be allowed to continue to claim Gift Aid at effectively 28 pence for every pound donated for the next three years, rather than the level dropping to 25 pence in line with the falling income tax rate. Charities welcomed the announcement, which came...
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