Good News from the Budget

With my Churchwarden hat on there was a good little bit of news from the Budget today – the news that although the basic rate of income tax will be cut from 22% to 20% on April 6th (which was announced last year), they are now not going to cut the rate at which Gift Aid will be paid out – at least not for the next three years. Financially, the drop in Gift Aid income would have made a small but significant impact on our income as a Church. Just a pity that the government only got round to doing anything about the problem less than a month before the change was due to take place, once Churches and charities have spent time putting together campaigns to highlight the issue to givers – it would have saved people a whole pile of work if this had been announced months ago… Better late than never though.

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