The new rules went live from April of this year. However, it is believed that few charities were willing to implement new processes until guidance was made available to explain the rules in more detail. It is hoped that the new guidance will now indeed allow charities to take advantage of the new rules which were designed to cut the universally excepted inefficiencies.
The original HMRC press release that announced the proposal in December 2012 stated 'the new processes, which are optional for shops and donors, allow donors to authorise the gift of up to £100 of sale proceeds (for goods sold by a charity operating the shop directly) or £1,000 of sales proceeds (for goods sold by a trading subsidiary of the charity) without the shop needing to seek the supporter’s permission to claim the tax relief.'
The new guidance can be accessed here
(Source: Institute of Fundraising)
The original HMRC press release that announced the proposal in December 2012 stated 'the new processes, which are optional for shops and donors, allow donors to authorise the gift of up to £100 of sale proceeds (for goods sold by a charity operating the shop directly) or £1,000 of sales proceeds (for goods sold by a trading subsidiary of the charity) without the shop needing to seek the supporter’s permission to claim the tax relief.'
The new guidance can be accessed here
(Source: Institute of Fundraising)
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