Bridge the Gap: tax fears and elderly people
Julie Cameron explores how life-changing events bring worrying tax consequences that elderly people are not equipped to deal with and how tax charity Bridge the Gap can help
Charities taxation
Expert commentary and practical guidance from ICAEW related to the taxation of charitable organisations within the UK.
In this section
Features and articles
ICAEW Tax Representation: preserving charity corporation tax relief for charity trading subsidiaries
ICAEW has submitted Tax Representation 45/15 asking the government to grant charities exemption from the requirements of Clause 32 of the Finance Bill 2015.
HMRC introduces new model Gift Aid Declaration for charities and CASCs
A new model Gift Aid Declaration (GAD) for single and enduring declarations has been published on gov.uk.
Charity Tax Group seeks feedback on Summer Budget announcements
The Charity Tax Group (CTG) is asking charities for feedback following the July 2015 Budget announcement, on two measures that may impact on charities.
Changes to partnership Gift Aid declarations
From 6 April 2016, HMRC is changing the requirements for Gift Aid declarations made by partnerships for donations to charities and Community Amateur Sports Clubs (CASC).
New Gift Aid portal
A number of British charities have been able to process over £100 million in charitable donations in the last six months and reclaim tax of over £25m, thanks to the new Gift Aid portal process introduced following the new HMRC guidelines.
Tainted donations to charities
New provisions, to be known as the ‘tainted charity donations’ rules, are to replace the ‘substantial donor’ anti-avoidance provisions of Section 54 FA 2006.
Charity Tax Forum - April update
The HMRC Charity Tax Forum was set up at the end of 2010 to provide a forum in which HRMC and representatives of the charity sector, tax advisers, the accountancy profession and other key stakeholders, can discuss and review the operation of the various tax issues that impact on charities. This Forum will continue the work of HMRC Gift Aid Forum but will be wider in scope.
Webinars and recordings
Charity Tax – current issues and opportunities
Graham Elliott, Director at City & Cambridge Consultancy, provides an update on current issues and opportunities in charity tax.
Webinar: Charity VAT - current issues and opportunities
In this webinar recording Robert Warne, Partner at Crowe Clark Whitehill provides an update on current issues and opportunities in Charity VAT.
Representations
Further support
Useful links
Some resources that we link to may pre-date the latest amendments to the relevant tax regulations. While these links contain useful information, please treat them with appropriate caution.
Made simple guides
A series of guides produced by the audit firm Sayer Vincent on topics for charities, including charity shops, employee and volunteer taxation, Gift Aid, grants, and international aspects of VAT.
Charities: detailed guidance notes on how the tax system operates
HMRC guidance on the direct tax obligations of charities, VAT and reliefs or exemptions available. Sections cover Gift Aid, Payroll Giving, donating land, buildings, shares or securities, claims, and audits.
Charity Tax Group (CFG)
A non-profit membership organisation previously known as the Charities' Tax Reform Group, which makes representations to government on issues relating to the taxation of charities. The site includes updates and commentary on a wide range of tax issues relevant to charities.
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.