A basic principle underlying Gift Aid is that the gift should be freely given with nothing substantial expected or provided in return. The donor,

Once a charity has registered with HMRC, there are three ways to claim Gift Aid: Spreadsheet claim, using the Charities Online service via the

Gift Aid may only be claimed on donations by UK taxpayers who have paid at least the Gift Aid amount in tax (income and

Gift Aid is a tax efficient method for individuals to make donations to charities. A Gift Aid donation from an individual is assumed to

Supplies of education and training are VAT exempt if they are made by an eligible body, otherwise they are standard-rated. Supplies of education and

Where charities have members who have voting or other constitutional rights then a special VAT concession applies (‘ESC 3.35’). This allows the membership subscription

Commercial marathons such as the London Marathon do not qualify for the fundraising event exemption, so any mandatory entry fee or minimum sponsorship target

If a charity has no pre-existing agreement with either the donor or event organiser, and simply receives a donation from the participant or event

Some fundraising events have no restrictions on what Gift Aid can be claimed as no or only very minor benefits are provided to participants.

There are three corporation tax reliefs that are likely to be of interest to relevant arts charities: Theatrical productions tax relief Orchestral concerts tax

Arts organisations often seek business sponsorship, for example, to sponsor a specific theatre production or gallery exhibition; to sponsor a new building or wing;

Many arts organisations use patron, friends’ or supporter schemes to obtain financial support. Supporter schemes are often structured as different packages (e.g. “gold”, “silver”,

Under this scheme museums and galleries can claim a refund for VAT incurred in providing free rights of admission. Organisations must apply to join

Gift Aid rules do not allow Gift Aid to be claimed on donated goods, only on monetary donations, which are grossed up by 25%.

Charities are entitled to mandatory rates relief of 80% of any business rates payable but it is only available when the charity is the

If a UK taxpayer owns the freehold of a property and lets a charity use the property for free or at a below market

Gifts of most shares and securities will give tax relief for the donor at the market value of the disposal, plus any transfer costs

Legacies are an important source of income for many charities, and both lifetime and death transfers of property to a UK established charity are