Charitable Donations

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August 31, 2024 4 min read Definitions
Gift Aid: Enabling Charitable Donations with Tax Benefits
Finance Charitable Donations Gift Aid Charities Tax Benefits Donations Tax Relief
A system enabling individuals and companies to donate money to charities and for the charities to recover the tax paid on these donations. The taxpayer must make a gift aid declaration to the charity, stating that the payment is to be treated as gift aid.
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