HMRC has published a set of revised requirements for Gift Aid declarations. All charities will have to update their printed Gift Aid declaration forms as well as their online donation forms to comply with the new Gift Aid regulation.
A printed “model” declaration has been published which can be obtained here. The most notable changes are as follows:
- Reference to VAT and Council Tax has been removed, as this used to a frequent source of confusion amongst donors.
- Donors are now explicitly advised that they can only claim Gift Aid up to amount of UK Income Tax and Capital Gains Tax they paid in a given tax year and they will be responsible to pay any excess resulting from ineligible claims.
- The declaration needs to state whether it refers to only a single donation or a series of donations, including past and future donations.
- An optional, but helpful explanation has been added for donors to explain the effect of claiming Gift Aid on a donation: “Boost your donation by 25p of Gift Aid for every £1 you donate”
Apart from the above, you will need to collect the following details for any individual donor submitting a Gift Aid declaration:
- the name of your charity
- the donor’s name
- the donor’s home address
As always, Giving.Me customers’ online donation forms will be automatically updated to comply with the latest regulations.
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