The following Trusts and Inheritance Tax guidance note by Tolley in association with Speechly Bircham LLP provides comprehensive and up to date tax information covering:
There are a number of tax reliefs available for gifts to charities. This note sets out the UK tax treatment of gifts to organisations established in part of the UK with purposes regarded as charitable under the law of England and Wales. See the Foreign charitable trusts and other foreign charities guidance note for information on gifts to other entities of a charitable nature.
Gift aid is a way for charities or community amateur sports clubs to increase the value of monetary gifts from UK taxpayers by claiming back the basic rate of tax paid by the donor.
See the Gifts of cash guidance note in the Personal Tax module (subscription sensitive) for details of the conditions for a qualifying donation and the tax relief available to the individual.
The 2012 Budget confirmed key announcements relating to gift aid, including:
A charity must maintain evidence to satisfy HMRC that a payment has
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