TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Gift Aid Small Donations Scheme (GASDS)

HMRC has published guidance for charities and Community Amateur Sports Clubs (CASCs) on the new GASDS. Eligible charities and CASCs can claim payments from HMRC on small cash donations of £20 or less that they receive from 6 April 2013.

Charities and CASCs need to meet certain conditions so they can qualify for the scheme. If they do qualify, a charity or CASC could claim a top-up payment on up to £5,000 of small cash donations in a tax year - but this claim limit depends on certain circumstances.

The guide introduces the scheme, explains the conditions that need to be met in order to qualify for the scheme and gives an overview of how it works.