# Planned giving continues to grow, says Charities Aid Foundation

- Link: https://fundraising.co.uk/2004/11/11/planned-giving-continues-grow-says-charities-aid-foundation/
- Published: 2004-11-11T00:00:00+00:00
- Author: Howard Lake

**Regular, planned giving to charity is growing healthily, according to new figures
from Charities Aid Foundation (CAF).**

On the day of its annual charities conference , CAF reports that donations through
payroll giving rose from £86 million in 2002/03 to £91 million in 2003/04. With 
around 60% of the UK’s 250 FTSE companies operating a payroll giving scheme, about
5 million

employees now have access to this form of giving.

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Of course, payroll giving received a valuable boost from the government between 
2000 and 2004 when all donations through the scheme were given a 10% top up. Nevertheless
other forms of planned, tax-efficient giving have also seen significant increases.

Gift Aid has seen strong growth: between 2002/03 and 2003/04, Gift Aid donations
rose to £2.7 billion, an increase in real terms of 12%. Over £580 million of this
represented tax reclaimed from the Inland Revenue. In addition, higher rate taxpayers,
who can reclaim 18% tax on their donation for themselves, received £310 million 
in tax relief during 2003/04.

CAF’s Chief Executive, Stephen Ainger, said: “We’re beginning to see the beneficial

result of charities investing in systems for Gift Aid. The added value to charities
of gifts which are made through regular, tax-efficient methods cannot be overstated.”

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