Other Banking Methods to Donate to Charity

Other Banking Methods to Donate to Charity

There is a better way for charities to receive a significantly higher donation and that is through making use of cash-back credit cards and donating the amount earned to the charity. This will allow charities to claim tax aid on your donation providing them with higher donations. For every £10 donation, the charity will receive roughly £13 pounds.

Currently the gift tax aid will remain at 22% for the financial year 2008/9. If you are trying to give as much as possible to charity, spend on your card as much as you can. Transfer the money you would normally be using to pay into your current account – thus allowing you to have the funds available to pay in one lump sum.





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