David Jetuah, Accountancy Age, Tuesday 21 September 2010 at 09:04:00

A poll conducted by Workplace Giving has found many higher rate tax payersbelieved charities were able to claim the full 40 or 50p in the pound in GiftAid Donations instead of 20p


Almost 8 out of 10 generous individuals are unaware that charities can onlyclaim 20p in the pound through Gift Aid donations.

A poll conducted by Workplace Giving has found many higher rate tax payersbelieved that by ticking the Gift Aid box, charities were able to claim the full40% or 50% tax.

78% of those polled were unaware that under the Gift Aid

Scheme, charities are only able to claim 20p for every pound donated, accordingto charity groups.

"Giving through the payroll is the only way higher rate and super tax payerscan

ensure that the 40 or 50% of tax goes direct to their charity of choice," aGeared for Giving Campaign spokeswoman said.

Charities also estimate they lose around 900m annually through inefficientgiving according to charityfacts.org.

Further reading:

Taxmanissues Gift Aid tax avoidance warning