Wednesday, 23 February 2011

Give to charities before April 2011 and they receive more

Thanks to the ever-helpful Martin Lewis at for spotting that a Gift Aid bonus of 3p per £1 conated ends on 5th April 2011. When the basic rate of tax was cut from 28% to 25% in 2008, the government said that Gift Aid would be maintained at the old rate until April 2011. So if you're a taxpayer making regular donations, it's worth making your payment early so maximise the benefit to your chosen charity.

If you donate to Oxfam, it's also worth noting that during February 2011 Paypal will cover all Oxfam's running costs on all donations that they transact, so 100% of your donation goes directly to support their work. There's a useful guide to charity giving here.

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