Charities

Gift Aid Intermediaries

A non-charity intermediary will be able to submit a gift aid declaration on behalf of a donor, and the recipient charity able to claim gift aid on the basis of such a declaration. Primary legislation will be effective from Royal Assent to Finance Act 2015 with further details governing the declarations introduced in later regulations.

Gift Aid Small Donations Scheme

From 6 April 2016 the maximum annual donation amount that can be claimed by a charity under the Gift Aid Small Donations Scheme will be increased to £8,000, thus enabling the charity to claim a Gift Aid style top-up payment from HMRC of up to £2,000.

Status of Certain Bodies for Tax Purposes

The Commonwealth War Graves Commission (CWGC) and the Imperial War Graves Endowment Fund (which provides investment income for the CWGC) will be treated as charities for tax purposes from the date of Royal Assent to Finance Act 2015.