CIOT: Chartered Institute of Taxation: Recommendations of Fanning Report on Gift Aid accepted
The Chief Executive of the Chartered Institute of Taxation (CIOT), Peter Fanning, has welcomed the Chancellor’s announcement today of reforms to Gift Aid, recommended in his report for the Treasury last year.
Today the Chancellor has:
. Made it easier for smaller charities to benefit from Gift Aid by allowing charities to claim Gift Aid on up to £5,000 of small donations without the need for Gift Aid declarations
. Enabled charities to strengthen the links with their donors through raising the limit on the benefits charities can give donors in exchange for major gifts
. Taken steps towards simplifying the administration of Gift Aid through its plans for introducing ‘intelligent forms’ and making claims online.
These proposals echo recommendations made in the Fanning Report on Gift Aid in December 2010.
Peter Fanning said:
“I am delighted that the Chancellor has decided to support and improve Gift Aid and to focus his proposals on reforms that will be of particular benefit to smaller charities which I recommended in my report to Treasury Ministers.
“There is huge potential for increasing the take up of Gift Aid by promoting its availability and making it easier for people to claim it.”
Notes for editors
1. The changes to the ‘major donors’ rule operates from April 2011; online filing will operate from 2012/13 but the £5,000 ‘small donations’ rule will only operate from April 2013.
2. Peter Fanning, Chief Executive of the CIOT, presented a report on behalf of a study group on improving the operation of Gift Aid in late 2010. The report and the Government’s response are at
3. The Chartered Institute of Taxation (CIOT) is a charity and the leading professional body in the United Kingdom concerned solely with taxation. The CIOT’s primary purpose is to promote education and study of the administration and practice of taxation. One of the key aims is to achieve a better, more efficient, tax system for all affected by it – taxpayers, advisers and the authorities.
The CIOT’s comments and recommendations on tax issues are made solely in order to achieve its primary purpose: it is politically neutral in its work. The CIOT will seek to draw on its members’ experience in private practice, government, commerce and industry and academia to argue and explain how public policy objectives (to the extent that these are clearly stated or can be discerned) can most effectively be achieved.
The CIOT’s more than 15,000 members have the practising title of ‘Chartered Tax Adviser’ and the designatory letters ‘CTA’.
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George Crozier
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