Did HMRC relax the rules for Gift Aid in the latest Budget? I thought there was something but don't seem to be able to find it on HMRC website.
My mother is running a small event in aid of charity next month. Does she need to ask people to fill in a Gift Aid form when purchasing their tickets so that the charity can then claim gift aid?
afraid that one doesn't come in until 2013 (pretty sure that 2.113 was the one that you were thinking about).
Here are the relevant sections from the Budget in relation to gift aid :
2.112 Gift Aid benefit limits The Gift Aid benefit limit will be increased from £500 to £2,500, subject to the existing 5 per cent limit, from April 2011. New guidance will be published to help clarify what constitutes a benefit. (Finance Bill 2011)
2.113 Gift Aid small donations scheme From April 2013, the Government will introduce a new scheme to allow charities to claim Gift Aid on up to £5,000 of small donations without the need for Gift Aid declarations. (51)
2.114 Gift Aid online filing The Government confirms that it will introduce an online system for charities to claim Gift Aid and as a first step will shortly be publishing intelligent forms (which contain automatic checks) for charities to use to apply for and claim tax reliefs. Budget 2011
2.115 Self Assessment (SA) Donate To help fund the introduction of Gift Aid online filing, the Government will withdraw SA Donate for tax returns for 2011-12 onwards. (Finance Bill 2012)
Hope that this helps,
Shaun.
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Shaun
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You're quite right this is what I had been referring to - I knew I had heard something about eliminating Gift Aid declarations but didn't realise it wasn't effective for another couple of years yet!
