Top-up fund to meet cost of Gift Aid promise

By David Ainsworth 25 March 2008

Charities will have to start claiming Gift Aid at 25p in the pound from 6 April, rather than the current level of 28p, HM Revenue & Customs has confirmed. The Government will set up a separate top-up fund to meet its Budget promise that charities will be able to continue claiming at 28p until 2011.

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