Where possible, higher rate taxpayers should “Gift Aid” any payments to charity to provide additional benefit to the charity and for the individual to obtain additional tax relief on the payment. For example, where an individual makes a £20 cash donation...
Tyrrell and Company has also been focused around one goal: Helping others find and reach their true potential. That goal has been ingrained in everything do, from the support we provide business owners to the charities we support. So with that in mind, we’re extremely...
Whilst on the subject of the reduction in cash transactions, we take the opportunity remind you of the Gift Aid Small Donations Scheme (GASDC). Under this scheme, a charity or community amateur sports club (CASC) can claim top-up payments on small donations up to £20....
