CTG working group on the “Future of Gift Aid”
Charity Tax Group is calling on interested organisations to join a working group that will review Gift Aid from a practical and strategic perspective.
The working group will complement and inform an existing HMRC-led Gift Aid working group and HMRC officials have tasked CTG with preparing a paper on this issue, with interim conclusions likely to be published by the end of 2019.
The working group will seek feedback from a wide range of stakeholders including charities (including representatives of smaller charities and other representative bodies), donors, HMRC, software developers, payment specialists and intermediaries. If you would be interested in being involved in this working group please contact email@example.com
The following organisations were represented at the meeting: Age UK, Alzheimer’s Society, British Red Cross, Chester Zoo, Cancer Research UK, Charity Tax Group (CTG), Data Developments, Deloitte, Dogs Trust, Manchester Diocesan Board of Finance, MSF UK, National Trust, Oxfam, RNLI, Royal British Legion, Save the Children UK, SCVO, Stewardship, Sue Ryder Care, SwiftAid.
So far, the working group has identified nine issues which would be worthy of review and consideration. These include: the scale of change required, the principles of gift aid, the tax to cover, reducing the tax gap, unlocking unclaimed gift aid, automation and use of new technology, digital gifts and new payment types, outsourcing Gift Aid, Administration and data.
For more information, visit: https://www.charitytaxgroup.org.uk/news-post/2019/ctg-working-group-future-gift-aid/