Charitable Donations on the occasion of Eid
Eid ul Adha is associated with the charitable act of feeding the needy. Muslims donating to charities that arrange for the Qurbani in areas of hunger may do so using Postal Orders. This year the Post Office Ltd is working in conjunction with The Giving Campaign to promote the use of Gift Aid on charitable donations.
A new range of Postal Orders, including a Gift Postal Order range, launched by the Post Office could release up to an additional £5.6million for UK charities. The new Postal Orders incorporate a Gift Aid declaration. Gift Aid allows registered charities to claim an extra 28% from the Inland Revenue over the face value of each Postal Order. For example, a £10 postal order is worth £12.80 to a charity.
Charity donations by Postal Order total an estimated £20million a year and in developing this initiative, Post Office Ltd worked closely with The Giving Campaign – the independent body established to increase the amount of money given to UK charities - and the Inland Revenue to clarify and simplify the process for charities to claim the 28% tax relief.
David Mills, Chief Executive of Post Office Ltd, said, “Postal Orders are already a well-established channel for charitable giving, and are recognised as an easy and safe way for people to send money to their charity of choice.
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