From: "rob." 
Newsgroups: uk.finance
Subject: Re: Charity account
Date: Thu, 21 Oct 2004 06:20:51 +0100

> I'd open a CAF (Charities Aid Foundation) account, and get credited
> with the tax on whatever you put in (i.e. 40% tax payer can donate
> £600, and get £1000 put in the a/c to give away).

Isn't CAF just a registered charity?  I would have thought the only way now
was to Gift Aid to them, in which case they get 28% extra, and if you pay
higher rate tax you can use the amount of Gift Aided donations you make to
lower your liability on your tax return.

I suppose you could have an old style covenant still running - but I thought
they only lasted 5 years.