# Gift Aid and covenant giving up 13% in two years

- Link: https://fundraising.co.uk/2003/04/01/gift-aid-and-covenant-giving-13-two-years/
- Published: 2003-04-01T23:00:00+01:00
- Author: Howard Lake

Tax-effective donations to charity through Gift Aid and covenants now total £2 billion,
according to a report out today from Charities Aid Foundation (CAF).
Based on figures
from the Inland Revenue, CAF has calculated that giving through these methods grew
by 13% between 2000 and 2002. The Gift Aid system was radically simplified in the
2000 Budget.

According to the report’s author, Dr Catherine Walker: “Tax-effective donations 
now represent almost one third of all giving. In time, and as the conditions for
giving improve, charities will undoubtedly be able to realise the potential of this
new favourable tax framework more fully.”

Read the Gift Aid in the new millennium report at CAF.

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