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Government urged to extend Gift Aid to higher-rate taxpayers

18-07-2019

A report from the Charity Tax Commission (CTC) calls on the Government to allow higher-rate taxpayers to pass their tax relief on to good causes, a move it claims could be worth £250m a year. Charities can boost donations by claiming back tax the donor has paid from HMRC - via the Gift Aid scheme – but only at the basic rate. Higher rate taxpayers are able to claim the difference themselves but the CTC wants all the higher-rate tax relief to be automatically redirected to charities, with an opt-out if the donor wants it.

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