In this section:
Registered Social Landlords (RSL) forms
The draft forms, published on 8 October have now been replaced by the finalised versions. These forms are accessible from the charities forms page
Registered Social Landlords (RSL)
HMRC Charities has introduced a new form, for completion by charitable RSLs who want an opinion about whether certain transactions will be subject to Corporation tax.
Claiming Gift Aid when goods are sold by, and the proceeds gifted to, charities
Guidance for charities considering selling goods on behalf of donors in the hope of proceeds being donated under Gift Aid has been updated and expanded.
Treasury's consultation on Gift Aid (Opens new window)
At Budget 2007 the Chancellor announced a consultation to identify measures to drive up charitable giving through Gift Aid.
Charities and bond-washing
An update is now available on the discussions that HMRC Charities has been having with charities about bond-washing.
The detailed guidance notes for charities about charitable expenditure have been completely revised, updated and re-titled to reflect the provisions introduced by FA06 concerning the treatment of non-charitable expenditure and transactions with substantial donors.
Gift Aid on donations that attract a right of admission to view charity property
The detailed guidance notes on Gift Aid have been revised and expanded to assist charities to correctly apply relaxed benefit rules when accepting donations for admissions to view charity property.
Trading and business activities
The old helpsheet IR2001 Trading by charities has been withdrawn. Charities are instead directed to the customer guide on trading and business activities. This customer guide links to the detailed guidance note on the same topic where necessary.
Qualifying investments and loans
The detailed guidance for notes charities about qualifying investments and loans have been updated to include guidance about schedule 20 claims and tax return entries.
Gift Aid for Companies
The detailed guidance notes for companies about gift Aid donations have recently been updated.
Charities and 'Bond Washing'
HMRC has recently approached some charities about their potential liabilities under the bond washing legislation. We are aware that these approaches have caused some concern amongst charities and their representative bodies.
We are aware of a scam that involves an e-mail with a fake HMRC heading.