Record amounts of Gift Aid claimed
Howard Lake | 30 June 2010 | News
HMRC reports that record amounts of Gift Aid were claimed by charities in 2009-2010. With claims of £1.007m, this was the first time that charities have claimed more than £1 billion in Gift Aid. The figure is, however, provisional at this stage.
In 2008-09 the figure was £946,000, and in 2007-08 it was £898,000.
John Low, Charities Aid Foundation Chief Executive welcomed the announcement, saying: “It is great to see record amounts of Gift Aid claimed in a year when our research shows that overall giving has fallen, but this is no reason for complacency – we know that many hundreds of millions of potential Gift Aid still remains to be harnessed for the work of charities.
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“With the support of the new Government, perhaps it will now be possible to drive through a radical simplification of Gift Aid processing to maximise the tax recovered on charitable donations.”
HMRC’s annual Gift Aid statistics can be found at
www.hmrc.gov.uk/stats/charities/table10-3.pdf
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.