I don’t have that much to add, it seems like you’ve got a pretty good handle on the different options available. Though a couple of things:
That DAF post you linked to is a bit out of date (I keep meaning to write an updated version!), since the CAF DAF now charges 1.2-1.5% on balances up to £100,000 (and less above that), with a minimum balance of £10,000-£25,000, so is a more viable option even if you aren’t a mega-donor
ISAs are still a ridiculous vehicle, you can put £20,000 in per year, and be exempt from capital gains, stamp duty, dividend tax etc forever on that money (today is the last day of the tax year so fill your ISA today for this year’s allowance!). Though you do contribute from your post-tax income.
Very interesting question!
I don’t have that much to add, it seems like you’ve got a pretty good handle on the different options available. Though a couple of things:
That DAF post you linked to is a bit out of date (I keep meaning to write an updated version!), since the CAF DAF now charges 1.2-1.5% on balances up to £100,000 (and less above that), with a minimum balance of £10,000-£25,000, so is a more viable option even if you aren’t a mega-donor
ISAs are still a ridiculous vehicle, you can put £20,000 in per year, and be exempt from capital gains, stamp duty, dividend tax etc forever on that money (today is the last day of the tax year so fill your ISA today for this year’s allowance!). Though you do contribute from your post-tax income.
Just thought I’d note that I checked again and the CAF DAF’s minimum balance has gone up to £25k and has a minimum fee of £600/ann.: https://www.cafonline.org/individual-trust-supporting-documents
That’s very useful to know about that DAF, thanks.
ISAs are a nice tax break, but only save the capital gains tax, so not as beneficial as Gift Aid.