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Gift aid through digital giving platforms

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The Donations to Charity (Gift Aid Declarations) Regulations, SI 2016/1195, implement the new rules allowing intermediaries, such as digital giving platforms, a greater role in administering gift aid donations on behalf of individual donors, under the legislation introduced in Finance Act 2015 an

The Donations to Charity (Gift Aid Declarations) Regulations, SI 2016/1195, implement the new rules allowing intermediaries, such as digital giving platforms, a greater role in administering gift aid donations on behalf of individual donors, under the legislation introduced in Finance Act 2015 and Finance Act 2016 with effect from 6 April 2017. HMRC consulted on a draft version between August and October 2016. The threshold above which intermediaries will be required to provide donors with an annual statement of donations made during a tax year has been set at £20.

Issue: 1336
Categories: News , Private client taxes
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