Tax-inefficient giving by donors meant that charities missed out on hundreds of millions of pounds last year, according to research from Unbiased.co.uk.
The site has revealed that in 2007/08 UK adults gave a total of £10.6 billion and this amount could be increased by almost ten per cent if donors had made use of their available tax allowances.
Furthermore, charities may be missing out on more donations if people have no will but would like to make a contribution to their favourite charity when they die.
David Elms, chief executive of the website, says that using the most tax-efficient methods of donation allows "those who are very active in philanthropy and also those who give one-off gifts in response to specific events, to ensure the worthy cause gets as much money as possible".
Those who write a will can ensure that their family and friends are protected and that their dying wishes are adhered to.
Published on: January 27, 2009