.png)
.png)
JAMES KESSLER QC peruses the new requirements for gift aid paperwork.
GIFT AID IS the well-known relief for cash gifts to charity. One requirement of the relief is that the donor must make a declaration (here called a 'gift aid declaration'). Without a valid gift aid declaration, the relief does not apply (see FA 1990, s 25(1), but note that this rule does not apply to corporate donors).
JAMES KESSLER QC peruses the new requirements for gift aid paperwork.
GIFT AID IS the well-known relief for cash gifts to charity. One requirement of the relief is that the donor must make a declaration (here called a 'gift aid declaration'). Without a valid gift aid declaration the relief does not apply (see FA 1990 s 25(1) but note that this rule does not apply to corporate donors).
The requirements of valid declarations have just changed with effect from 1 November 2005. The change is made by SI 2005 No 2790 which amends SI 2000 No 2074 (The Donations to Charity (Appropriate Declarations) Regulations 2000). References to Regulations in this article are to the SI 2000 No 2074 regulations as amended.
All charities need to review their procedures following these changes. This article explains the requirements with the emphasis on what has changed.
As...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
