Gift Aid transition as income tax falls

In the recent Spring statement, the Chancellor signposted a reduction in the basic rate of income tax to 19% from April 2024.

To mitigate the reduction in Gift Aid income that would result, the government has now said that there will be a 3-year transition period for Gift Aid, meaning that basic rate relief will be kept at 20% until April 2027.

With the focus on Gift Aid at the moment, do make sure you are making the most of it. You can read our recent blog article at