Tuesday, February 19, 2013

Charities may get extra year to claim gift aid small donations

Charities may get extra year to claim gift aid small donations: Parliament is to consider changes to the gift aid small donations scheme regulations which will double the amount of time charities have to claim on small cash donations.

Draft regulations were laid before Parliament at the end of last week which will mean that charities can claim GASDS on donations made up to two years previous, as opposed to the one year in the previous regulations.

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