If you help to run a charity you need to keep on top of the tax and audit regulations that apply to charities, and the gift aid scheme.
A person with earnings or pension income of less than £10,600 and interest of up to £5,000 will pay no income tax in 2015/16. These individuals should not make gift aid declarations for donations made on or after 6 April 2015, as they do not pay the income tax which the charity reclaims in respect of that donation.
As a charity you…
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