HMRC

HMRC has published a guide on payroll giving and Gift Aid for school charities, designed to help them understand how they can make the most of these methods of tax-effective giving.

Although the Payments Council recently decided not to withdraw the use of cheques in 2018 as originally planned, HM Revenue & Customs (HMRC) is reminding charities that it will continue to move to mak

HM Revenue & Customs (HMRC) is to give £2 million a year for the next four years to support people needing help with their taxes, benefits and tax credits.

HM Revenue & Customs (HMRC) is inviting comments on the Government’s proposal to encourage charitable giving through legacies by estates paying a lower rate of inheritance tax (IHT).

HMRC reports that record amounts of Gift Aid were claimed by charities in 2009-2010. With claims of £1.007m, this was the first time that charities have claimed more than £1 billion in Gift Aid.

HMRC is warning charities and donors to avoid falling for certain schemes that seek to generate Gift Aid and Gift of Shares tax relief claims.

Workplace Giving UK, which promotes giving to charity via the payroll, has secured a clarification from HMRC on whether workplace giving could operate via salary sacrifice schemes.