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Declaration process simplified for donors

30 August 2016
Issue: 4565 / Categories: News , Income Tax

Gift-aided donation.

Taxpayers who make gift-aided donations to multiple charities though a donor intermediary will have to make only one declaration a year under new regulations.

HMRC has published a technical consultation, including draft regulations, to show how the new rules will work and define the donor intermediary’s role. Currently, donors must make a written or oral declaration each time they wish to make a gift-aided donation to a new charity.

Responses should be emailed here by 5 October 2016.

Issue: 4565 / Categories: News , Income Tax
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