Gift Aid and Donor Tax Reliefs

This course will enable you to

• Discuss with charities and donors the reliefs available for different forms of giving
• Recognise and avoid the traps that can deny or restrict those reliefs
• Understand the essential issues with Gift Aid
• Identify common problems relating to Gift Aid
• Learn how to avoid costly errors in Gift Aid claims and deal with HMRC audits

About the course

Research carried out by HMRC shows that despite good awareness of Gift Aid, there is a lack of understanding among donors about how it works in practice, in particular about the link to tax. Because of the amounts involved, HMRC take the subject of Gift Aid compliance seriously. As an accountant you need to be aware of the reliefs available to your clients or organisation to ensure maximum tax relief for their gifts. Charities need to be aware of how both they and their donors can benefit to maximise the charity's income and minimise the cost to the donor.

This course has been designed to arm accountants with what they need to know about these reliefs for their organisations or their clients. The course covers the key points in dealing with tax reliefs and pitfalls to be avoided.

This course has been revised and is up to date for 2021/22