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The UK Government
introduced a package of measures to help UK charities, called Getting Britain Giving. These
measures came into force from 6th April 2000, the main features are:
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the
£250 minimum limit for Gift Aid donations was abolished, so that any donation, whether
large or small, regular or one-off can qualify for tax relief.
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donors
are no longer required to complete a Gift Aid certificate with every donation, but instead
complete a simpler Gift Aid declaration, which can cover all future donations.
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donors
can give a Gift Aid declaration over the phone or the internet if they wish, without
having to complete and sign a paper declaration.
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the
requirement for donors to pay income tax at the basic rate has been removed. Instead
donors will simply have to pay an amount of income tax or capital gains tax equal to the
tax deducted from their donations.
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Following the reduction in the base
rate from 22% to 20% for the tax year 2008/9, the Government introduced
a Transitional Relief for 3 years so that charities
will not loose out in their Gift Aid claims for this period. An amount
equivalent to the 2% base rate reduction will be paid with the Gift Aid
claim.
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