The March 2007 Budget announcement of a cut in basic rate of income tax will have a detrimental impact on fundraising. Charities stand to lose an estimated £70 million in Gift Aid reclaims in the 2008-9 tax year.
The Institute of Fundraising does not believe that it was the Government’s intention to penalise charities by reducing the basic-rate of income tax and is seeking solutions to minimise the impact on charities.
Following a members’ forum held in May 2007 to explore possible ways forward, the Institute has undertaken to investigate further suggestions put forward by forum participants to feed into the HM Treasury Gift Aid consultation during the summer of 2007.
The Institute is asking its members to share with the Institute their experience of Gift Aid, data that relates to Gift Aid or any ideas for the development of or enhancement of Gift Aid.
Read the Institute’s Gift Aid Consultation Paper (108kb).
For further information please contact Megan Pacey, Director of Policy and Campaigns, Institute of Fundraising.
Telephone 020 7840 1009
Email Megan Pacey
The Institute will continue to keep its membership informed on progress in the 'What is the future of Gift Aid?' campaign. Organisational members should read the Policy Highlights Special on plans and deadlines for feeding into the government consultation on Gift Aid.
Read the report of the forum, 'What is the future of Gift Aid?' (62kb).
Take part in our online survey about your current use of Gift Aid. This survey is completely anonymous and will remain confidential.
The Government is undertaking a national consultation to examine and identify measures to drive up charitable giving through Gift Aid. As part of this consultation, HM Treasury is keen to consult with a wide range of charitable organisations by holding a series of regional consultations during August and September.
HM Treasury wants to hear from representatives from across the sector and is particularly keen to get the views of small and local charities. The Institute also urges you, as fundraisers, to make sure your views are heard by taking part in these events.
The first Gift Aid consultation event will take place in London at King’s College Strand Campus on Monday 30 July. National and regional events are also planned for:
| 30 July 2007 | London - King's College FULL |
| 9 August 2007 | Edinburgh - Scottish Health Service Centre |
| 17 August 2007 | Bristol - Mansion House, Clifton |
| 23 August 2007 | Birmingham - NEC |
| 6 September 2007 | Belfast - Ulster Folk and Transport Museum |
| 13 September 2007 | Leeds - Boddingtons Hall (tbc) |
| 21 September 2007 | Cardiff - Millennium Centre |
To register for these events, email Gift Aid Consultation.
Please visit the consultation website for further information (including the full consultation pack) and further details of these events as they are published.
