How To Give To Charities More Efficiently
|Money : Money Management
Many people give money to charity each year - in fact recent estimates suggest that around 70 per cent of people in Britain give money to charity every year.
However many do not do this in the most efficient way, and indeed only 33% of money given to charity is done tax efficiently.
The best and most efficient way is to give out of the payroll and to enable the charity to claim the tax back and thus increase the size of your payment to them in the process.
Most charities will be able to tell you how to do this and there is also information on www.allaboutgiving.org with regard giving to charity tax efficiently.
Questions about charity: