Friday, December 19, 2014

HMRC tax statistics suggest large rise in charitable giving

HMRC tax statistics suggest large rise in charitable giving: "Tax relief on giving is expected to rise by 11 per cent in the year to March 2015, suggesting a large increase in donation income, according to provisional figures published today by HM Revenue & Customs.

HMRC has published provisional figures for the year ending March 2015, showing it expects gift aid to rise from £1.07bn to £1.19bn. This follows three successive years in which the value of gift aid fell."



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