# New Gift Aid recovery and consultancy service launched

- Link: https://fundraising.co.uk/2004/11/17/new-gift-aid-recovery-and-consultancy-service-launched/
- Published: 2004-11-17T00:00:00+00:00
- Author: Howard Lake

GAIN (Gift Aid Income Now) is a new company set up to simplify the Gift Aid collection
and recovery processes and enable charities to receive more tax-efficient donations.

GAIN has been set up by Barry Gower in the face of the failure by many charities
to maximise their Gift Aid income.

 

 

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Barry says that recent figures indicate that annual individual charitable giving
is around £7.5 billion, yet Gift Aid recovery is only around £450 million. Therefore,
of the £2.1 billion (28% of £7.5 billion) available, only around 21% is being collected.

 

 

He adds that it is estimated that if all the donations last Christmas had been given
by Gift Aid, charities would have benefited to the tune of £135 million.

 

 

GAIN will address this problem by providing two services: a Gift Aid recovery service,
and a Gift Aid consultancy service. The former charges only for income generated:
fees are calculated as a percentage of the additional Gift Aid recovered.

 

 

Barry Gower has specialised in providing IT solutions for charities and associations,
and has a background in the financial and retail sectors.

 

 

“Gain is the ideal risk-free way for charities to ensure that individual donations
are collected in the most tax efficient manner”, said Barry.

 

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