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Ian Gledhill HMRC (Charities) Liverpool Diocese of Wakefield 5 June 2010. Gift Aid Requirements. There are still 4 main requirements for Gift Aid Donations (sum of money) must be made to a Charity. Donations must be from a UK taxpayer who has paid sufficient tax to cover.

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Ian GledhillHMRC (Charities) LiverpoolDiocese of Wakefield5 June 2010


Gift aid requirements
Gift Aid Requirements

There are still 4 main requirements for Gift Aid

  • Donations (sum of money) must be made to a Charity.

  • Donations must be from a UK taxpayer who has paid sufficient tax to cover.

  • Charity must hold a valid declaration.

  • Charity must be able to show receipt of donation.


Tax to cover example
Tax to cover example

Individual’s

donation

£1,000

Charity claims

£250

Donor’s tax

- minimum

£250


That tax can be
That tax can be

  • Basic rate (currently 20%)

  • 20% rate (rate deducted by Banks/Building Societies)

  • 10% rate (non repayable tax deducted from dividend payments)

  • Capital Gains Tax


Requirement 3 gift aid declaration

Declaration

Requirement 3 - Gift Aid declaration

Declaration must contain

  • Name of charity

  • Name of donor

  • Donors home address

  • Description of payment(s)*

  • Declaration that payment(s) are Gift Aided

  • Note explaining that the individual must have paid sufficient UK income or capital gains tax to cover the claim


Gift aid declaration

Declaration

Gift Aid declaration

Declaration must contain

  • Name of donor

  • Ideally, we would like to see:- Mr John Smith

  • We will however accept the following combinations:-

  • John Smith J Smith Mr J Smith.

  • We will not accept:-

  • Mr Smith Smith John


Addresses on gads i
Addresses on GADs (i)

YES 

  • 11, HD8 9QA or Dunroamin, HD8 9QA

  • 11, Park Street, Goole, HD8 9QA

  • 11, Park Street, Goole

  • 11, Park Street, HD8 9QA


Requirement 3 audit trail
Requirement 3 - Audit trail

Audit trail from each Donor:

Through the Charity’s books & records

and then into the Charity’s Bank account


Sponsorship gift aid

Full Name Home Address Amount Total

Please treatas Gift Aid

Clark Kent

21, Worthing Drive,Brighton BN4 1ZP

£1 per Pub

£26

Harry Potter

6, Nottingham Close,Derby D4 2YP

50p per Pub

£13

Bob the Builder

14,

CH2 1PY

50p per Pub

£13

Sponsorship Gift Aid

Charity: The HMRC Auditors Benevolent Fund Name of Participant: Andrew Kayley

Event: The 2006 Birkenhead Marathon

* you must pay an amount of UK income tax and/or capital gains tax at least equal to the tax that the charity reclaims for donation


Sponsorship gift aid claim simplified procedure
Sponsorship Gift Aid claim – simplified procedure

Participant Date of Payment Total Donation Received

Stan Smith 19/05/06 £50.00

Andrew Kayley 21/05/06 £39.00

Jane Brown 28/05/06 £72.00

R68(NGA)


Charity auction

£40-00

Declaration

Charity Auction

£140

£100


Charity auction1

£200-00

Charity Auction

£200


Volunteer s expenses
Volunteer’s Expenses

Charity

Gift Aid

Volunteer

Donation


Charity dinners
Charity Dinners

  • The purchase of a ticket for Fund-raising Dinner / Charity Ball is not a Gift.

  • Ticket costs £100 (includes £50 donation to Charity) - not a Gift.

  • Ticket costs £50 & a donation of £50 is required - not a Gift.

  • Ticket is £50 & a ‘suggested’ donation of £50 is requested - could be a Gift?


Not gifts
NOT Gifts

  • The purchase of books, jumble sale items, bedding plants, food, alcohol etc

  • Admission to events e.g. concerts, recitals etc.

  • Golfing fees, Day Trips, Transport etc.

  • Fees to adopt / re-home an animal

  • Raffles, lottery tickets & 200 Clubs

  • Non voluntary donations for school trips.


Time limits for claiming gift aid from april 2010
Time Limits for claiming Gift Aid From April 2010

  • A charity which is a Trust for tax purposes must make any claim within 4 years of the end of the tax year to which the claim relates.

  • A charity which is a Company for tax purposes must make any claim within 4 years from the end of the accounting period to which the claim relates.


Further advice
Further Advice

Telephone

08453 02 02 03

HMRC (Charities) Help Line

Gift Aid, Charity Tax returns, VAT queries, Trading & Community Amateur Sports Clubs (CASCs)


Website

Website

www.hmrc.gov.uk

E-mail

[email protected]



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