The Donations to Charity (Gift Aid Declarations) Regulations, SI 2016/1195, implement the new rules allowing intermediaries, such as digital giving platforms, a greater role in administering gift aid donations on behalf of individual donors, under the legislation introduced in Finance Act 2015 and Finance Act 2016 with effect from 6 April 2017. HMRC consulted on a draft version between August and October 2016. The threshold above which intermediaries will be required to provide donors with an annual statement of donations made during a tax year has been set at £20.
The Donations to Charity (Gift Aid Declarations) Regulations, SI 2016/1195, implement the new rules allowing intermediaries, such as digital giving platforms, a greater role in administering gift aid donations on behalf of individual donors, under the legislation introduced in Finance Act 2015 and Finance Act 2016 with effect from 6 April 2017. HMRC consulted on a draft version between August and October 2016. The threshold above which intermediaries will be required to provide donors with an annual statement of donations made during a tax year has been set at £20.
