The Conservatives are concerned that the tax relief will not apply to a significant chunk of the millions donated because the money has been taken in collection tins or by people failing to specify Gift Aid when donating on the phone.
Britain’s leading pharmacy chain, Boots, and the country’s largest bingo operator, Gala, are collecting tens of thousands of pounds from customers across the UK for the appeal, and both have backed the Tories’ call, according to reports in The Daily Telegraph.
Alan Duncan, shadow international development secretary, said: ‘Surely it would be right for the Disasters Emergency Committee to work out what proportion of its receipts does or does not qualify for Gift Aid? The Government should then top-up the committee’s appeal with the equivalent amount that would otherwise have come from Gift Aid-qualifying donations.’
However, a treasury spokesman was reported as saying that topping up the Gift Aid figure with public money was not possible because it would change it from tax relief to a government donation.
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