Revenue and Customs officials have agreed not to tax more than £9m of phone donations made to charities raising money for survivors of the Asian tsunami.
Following a meeting with the Disasters Emergency Committee (DEC), the Revenue has agreed that it will release the money and simplify the rules governing the collection of Gift Aid on charitable donations, according to The Times.
This follows intervention by the chancellor Gordon Brown, who earlier said via a spokesman: ‘we agreed with the revenue departments to do everything possible to maximise the tax relief available, and to make that process as easy for the charities and their donors as possible’.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay