The scheme allows eligible charities to claim a Gift Aid-style payment on small cash donations up to £20 from 6 April 2013.
Charities can make claims on up to £5,000 of small cash donations in a tax year, and will have two years from the end of the tax year in which the donation was received to make a claim.
The new guidance gives an overview of how the scheme will work, including
- the conditions a charity must meet to qualify for the scheme
- which donations can be claimed for and how much can be claimed
- how to make claims under the scheme
- record keeping.
There are also further details on the community buildings rules, which can increase the maximum amount of small cash donations a charity can claim top-up payments on.