The hidden benefits of donating to charities

charitable giving

It is still rare for advisers and clients to discuss charitable giving, yet if every donor were to give tax-effectively, charities could claim an additional £900m from the Inland Revenue each year

In our heart of hearts, we all know that we, and our clients, should be giving more than we currently do to charities. In my experience, it is not so much that people are unwilling, it is more that they often do not get round to it or lack a structured approach to donating. The irony is there are several ways we can advise our clients on the better ways of giving to charities. I was fortunate enough to be asked to be part of a working party to The Giving Campaign and from my experiences so far, I believe the financial services industry has a crucial part to play in supporting increased ch...