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Gift Aid

Gift Aid. John Caladine FCCA, CTA, FCIE. Topics to be covered. New Charities Online Filing Gift Aid Small Donations Scheme Update Gift Aid in general. Charities Online HM Revenue & Customs. From 22 April 2013 Current R68 forms and postal repayment replaced by three options

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Gift Aid

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  1. Gift Aid JohnCaladine FCCA, CTA, FCIE

  2. Topics to be covered • New Charities Online Filing • Gift Aid Small Donations Scheme • Update Gift Aid in general

  3. Charities Online HM Revenue & Customs • From 22 April 2013 • Current R68 forms and postal repayment replaced by three options • Online claim form accessed through HMRC website • Online externally developed software interface • Paper claim form

  4. Online Claim Form • Accessed through HMRC website • Maximum 1,000 donors • Unlimited claims - even same day • Downloadable spreadsheet template • One error on form, whole claim rejected • Aggregated donations • Sponsored events

  5. Online externally developed • More than 1,000 donors • Charity software providers develop module to facilitate • Develop own interface software • Technical pack from: http://www.hmrc.gov.uk/softwaredeveloper/gift-aid-repayment.htm

  6. Paper Claim Form • New ChRI • Time consuming • 90 donors • Cannot photocopy • Telephone: 0845 302 0203

  7. Gift Aid Small Donations Scheme Outline • From 6 April 2013 • Separate from existing Gift Aid system • Made by Individuals Cash less than £20 • Received in the UK • Basic core limit £5,000 donations refund £1,250 • No paperwork, no Gift Aid declaration certificate • Claim on same form - separate section

  8. Records/qualifications to claim • Charity for two complete tax years • Charity completed two successful Gift Aid claim in two out of last four years and at least every other year • Audit trail Date Cash collected Who collected it Identification of £20 Bank money • Not available to donors using Gift Aid Declaration Certificates

  9. Community building • Further claim if using a community building another £1,250 • Rooms/building open to public: Church Halls Hotel Not: Restaurant Charity Shop • Activities must take place six times a year • Group of ten on each of at least six occasions • Different community building, additional claim • Post Code needed

  10. General matters • HMRC visits • Basic rate tax payer • Higher rate tax payer • Gift Aid Declaration Certificates • Abuse • Loans • Update Authorised Official Responsible person Nominee/agent Forms ChV1

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