New draft regulations for small donations

Draft regulations for the Small Charitable Donations Bill have been published for consultation. The Bill, due to be introduced from 6 April 2013, plans to introduce a system similar to Gift Aid for charity donations of £20 or less. However, unlike Gift Aid, it will not be a tax relief measure and will operate under different rules. Up to £1,250 will be available to each charity for the first £5,000 worth of small charity donations per annum and HMRC estimates that the programme will unlock around £100m of funding annually for charities by 2015/16.

http://www.hmrc.gov.uk/drafts/small-donations.htm