HM Treasury written question – answered at on 21 October 2016.
To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the difference between the amount raised from the gift aid small donations scheme and the amount estimated to have been raised from that scheme by the second half of 2016 at its introduction.
The Gift Aid Small Donations Scheme was introduced to allow charities and Community Amateur Sports Clubs to claim a Gift Aid style top-up payment when it is not practical or feasible to collect a Gift Aid declaration. It was estimated to cost the Exchequer £105 million for the tax year 2015-16. The actual cost was £26 million.
Although claims have been lower than anticipated, this is still a relatively new scheme, and continues to achieve year on year increases in the number of charities claiming.
The Government wants as many charities and Community Amateur Sports Clubs as possible to benefit from the scheme, which is why it has introduced the Small Charitable Donations and Childcare Payments Bill. This will remove a number of the eligibility requirements making it much simpler and easier particularly for smaller and new charities to claim.
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