STREAMLINED GIFT AID

摘要

HMRC has announced new rules will apply from April 2013 to reduce the administrative burden for charities claiming Gift Aid on the proceeds of donors' goods sold by charity shops. The new procedures, which are optional for shops and donors, allow donors to authorise the gift of up to ￡100 of sale proceeds (for goods sold by a charity operating the shop directly) or ￡1,000 of sales proceeds (for goods sold by a trading subsidiary of the charity) without the shop needing to seek the donors' permission to claim the tax relief.