Budget2011: Gift aid boost
Gift aid threshold for small donations raised to £5,000
The gift aid threshold for small donations is being raised to £5,000 per year for each charity, meaning collection boxes and street collectors will benefit.
This will benefit 100,000 charities to the tune of £240m.
George Osborne says this is “a big help for the big society”, and the more significant reform in 40 years.
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(Pcture © HM Treasury)