Updates on Gift Aid – Online, Small Donations

HM Revenue and Customs has published guidance for charities and Community Amateur Sports Clubs on the new Gift Aid Small Donations Scheme (GASDS). This enables eligible organisations to claim payments from HMRC on small cash donations of twenty pounds or less, received from 6th April 2013. See details at http://www.hmrc.gov.uk/charities/gasds/index.htm.

Third Sector magazine, meanwhile, has an article and checklist (from HMRC head of charities) on Charities Online, the new service to claim existing Gift Aid. This mentions that it will be easier to claim Gift Aid for sponsored events, because all donations (under £500) can be put into one entry under the name of the participant, http://www.thirdsector.co.uk/news/1176573/Gift-Aid-gets-connected/.