Gift Aid Donor Benefit Rules: Call For Evidence
Gift Aid Donor Benefit Rules: Call For Evidence
HMRC has recognised that the current rules surrounding gift aid donor benefit are complex and that the fear of falling foul of such rules can put charities off reclaiming the tax they would otherwise be entitled to claim. HMRC called for evidence from charities on their understanding and use of the current gift aid donor benefit rules, with a view to simplifying and improving these processes in the future.HMRC’s call for evidence closed on 9 October and it is understood that HMRC is planning a formal consultation later this year.For additional information or to discuss your requirements with one of our charity law team, call us today on 01895 207809 or email charities@ibblaw.co.uk.