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ARTICLE · 26 JUNE 2014

The Future Of Gift Aid

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Conversations are underway between the Charity Tax Group and HMRC in respect of a potentially major reform to the operation of the gift aid rules.

United KingdomTax
Graham Elliott
Graham Elliott
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Conversations are underway between the Charity Tax Group ('CTG') and HMRC in respect of a potentially major reform to the operation of the gift aid rules, particularly in connection with donations which give rise to benefits to the donor.

The first full scale public meeting to discuss these ideas took place on 17 June 2014. The general purpose is to try to simplify the donor benefit rules and remove the 'cliff edge' effect of inadvertently breaching the limits on individual donations. This may prove to be achievable by broadening the range of benefits which are treated as not having any value, and then introducing an allowance for true benefits rather than a threshold. The allowance means that the designated level of benefits will be ignored from the point of view of Gift Aid, but anything exceeding that level will have to be netted off the Gift Aid claim figure in one way or another. This could remove the on/off nature of Gift Aid which causes headaches to

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