A report today by the Civil Society reveals that leaders from six umbrella organisations have urged the government to use the Budget to extend a VAT rebate scheme which would save the charity sector up to £1.5bn per year.
In last year’s Autumn Statement the government introduced VAT rebates for hospices, search and rescue charities, and air ambulances.
The letter says that there are still hundreds of millions of pounds worth of donations that are not being gift aided by donors and that there should be a campaign to revitalise the image of gift aid and provide training for ‘trusted messengers’ such as charity volunteers.
In February 2015, AIM worked with Arts Council England and Charity Finance Group to compose a letter to the Chancellor, George Osborne, stating the importance of Gift Aid to the sector and suggesting improvements to help increase the numbers of museums and arts charities that could benefit. It was co-signed by 12 bodies, representing over 70,000 organisations.
AIM actively encourages all its members to make the most of Gift Aid.
For more information on how to make the most of your donations, please download AIM Quick Guide – Donation Boxes in Museums which includes information about the Gift Aid on Small Donations Scheme.
You can read the full report by the Civil Society here: Civil Society Article
Follow the Civil Society on Twitter: @CivilSocietyUK
*Content for this post has been sourced from the Civil Society article published today.