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Commentary

116 Charity selling goods on the donor’s behalf

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

116 Charity selling goods on the donor’s behalf

| Commentary

116 Charity selling goods on the donor’s behalf

Although only gifts of money qualify for gift aid, a charity (or a trading subsidiary) can act as an agent for the prospective donor by selling the goods on his behalf. The donor can then donate the proceeds of sale under the gift aid scheme. For the donated proceeds to qualify for gift aid1:

  1. 116.1

        the donor must retain the legal and beneficial ownership of the goods until they are sold;

  2. 116.2

        the donor and the charity must understand that the charity is acting as the donor’s agent in selling the goods.

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