14

Mar
2023

Charities have until 5 April to find estimated £564mn in unclaimed Gift Aid

Charities have until 5 April to search for any unclaimed Gift Aid for this tax year – an amount HMRC has estimated is as much as £564mn.

While Gift Aid declarations for this tax year can be collected after this date, it then becomes a more complicated process.

Swiftaid has launched the ‘Great Gift Aid Hunt‘ to encourage charities to make sure they don’t miss out. It offers a quick way for charities to check against over 5 million UK taxpayers to find missed Gift Aid. By sending in donation information from the current tax year, Swiftaid can match it with millions of UK taxpayers, and if a match is found, 25% more Gift Aid is added.

The platform is ISO-accredited and works closely with HMRC and the Charity Tax Group to maximise Gift Aid. It is also compliant with GDPR requirements.

To visit the Great Gift Aid Hunt page, please click here.

Beth Michael, Co-Founder of Swiftaid, said:

“With the cost of living continuing to rise, it’s important that charities can increase their income without putting additional financial strain on their donors. Think of what a much-needed boost of 25% income could do for your charity. Through a simple upload of donation data, this converts to extra income without costing extra to donors. Swiftaid acts on behalf of over 5 million UK taxpayers. Charities can now simply check against these individuals for Gift Aid that was previously missed.”

It estimates every year, around £564 million is missed, which could pay for:

  • Emergency food packages for over 11.2 million families
  • Nappies and wipes for just under 113 million babies and toddlers for a week
  • Health checks for over 22.5 million people
  • Essential lab equipment for 56.4 million cancer researchers
  • Two weeks’ medical support costs for over 9.5 million survivors at a women’s shelter
  • A meal for 2,256,000 billion people
  • Bedding and a safe place to sleep for over 22.5 million young people.
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