Tag: Gift Aid

Donors encouraged to declare donations in tax return to help charities as Gift Aid still underused

Stuart Mitchell

New research from the Charities Aid Foundation (CAF) shows just over half (54%) of donors said they claimed Gift Aid when they gave money to charity last year.  Although the number of donors using Gift Aid has risen slightly over the past few years, it is still underused by many who pay income tax. Charities currently miss out on £500 million in Gift Aid which is unclaimed every year. The scheme means registered charities can reclaim income tax on a donation made by a UK taxpayer, effectively increasing the amount…

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JustGiving & Swiftaid partner to help charities claim Gift Aid

Stuart Mitchell

It’s estimated that charities miss out on £564 million in Gift Aid every year. For big and small charities alike, processing Gift Aid often comes with a huge administrative burden and cost. And with new donation methods on the rise, such as contactless giving, charities are missing out on more Gift Aid. It’s time for Gift Aid innovation. Imagine a world where Gift Aid just happened – no guesswork, no paperwork. Charities simply received an extra 25% from the government on all eligible donations from UK taxpayers. Introducing JustGiving x…

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Open Banking Excellence, Moneyhub and Streeva launch world’s first QR code-based open banking payments with automated Gift Aid to support third sector donations

Stuart Mitchell

Open Banking Excellence (OBE), the world’s leading community of Open Banking and Open Finance pioneers, has joined forces with Moneyhub Enterprise and Streeva to take open banking-powered charity donations mainstream. OBE has partnered with some of the best in the industry to introduce a new method for donations in the UK through scanning a QR code with a phone to pay directly from one bank account to the charity’s bank account and offers automated Gift Aid, which enables charities to claim an extra 25% on each donation. Moneyhub, the award-winning…

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Donors more likely to give if the Government offers incentives, poll finds

Stuart Mitchell

Four in 10 people who already donate money to charity said Government incentives such as top-ups make them more likely to give, according to a new survey. The polling by the Charities Aid Foundation (CAF) signalled that Government incentives, such as Gift Aid and match funding, play a crucial role in increasing amounts given to good causes. The research also found that in the wake of the Covid-19 pandemic more than half (55%) of those aged 35-44 were worried about their household income over the next six months. Amongst 25-34…

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Thyngs partners with Fidel to increase Gift Aid donations

Stuart Mitchell

Thyngs, the physical-digital marketing specialist, has partnered with card-linking API provider Fidel to enable charities to earn more from Gift Aid donations.  The partnership aims to make it easier for consumers to maximise donations at a time when charities are at risk of collapse due to the global COVID-19 pandemic. Currently, the Gift Aid system requires consumers to fill out a Gift Aid form when they donate to charities. Government research recently revealed that charities lose £560 million each year due to unclaimed Gift Aid. Thyngs will use Fidel’s card-linking API…

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