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HMRC consults on gift aid small donations scheme

Thursday, March 29, 2012

The Chancellor announced at Budget 2011 that a new Gift Aid Small Donations Scheme (GASDS) would be introduced in April 2013.

Under the scheme, qualifying charities and Community Amateur Sports Clubs (CASCs) will be able to claim a top-up payment equivalent to Gift Aid on up to £5,000 of small donations of money they collect each year. The scheme will only apply to small donations of £20 or less, and there won’t be any need to submit a Gift Aid declaration signed by the donor.

The consultation document also makes clear that organisations must have a good track record of claiming Gift Aid for at least three tax years before becoming entitled to receive a top-up payment under the GASDS.

This consultation invites comments from all charities and CASCs that make claims under Gift Aid and receive small donations of cash, particularly smaller charities, and their agents, advisers, nominees and representative bodies.

The closing date for comments is 25 May. The consultation document is available on the HMRC website.

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