Business News 13 Nov 2012
Call to revamp Gift Aid as charitable donations fall
Charitable organisations have called on the Government to modernise Gift Aid after new figures revealed that philanthropic donations fell by 20% in the last year.
According to new data from the Office for National Statistics, the total given to charity by members of the public in the UK declined from £11bn to £9.3bn in 2011/12. Experts said this equates to a fall of £2.3bn when adjusted for inflation.
Carried out on behalf of the Charities Aid Foundation (CAF) and National Council for Voluntary Organisations (NCVO), the study also found that the average monthly donation has dropped from £11 to £10 a month.
Following the findings, the CAF and NCVO have launched the Back Britain's Charities campaign, which aims to encourage individuals and businesses to donate what they can to good causes.
Read more at http://tinyurl.com/d253vnw