Tax incentives for charitable giving

Tax incentives for charitable giving - Payroll giving - Corporate giving - Legacies - Gift Aid and museums

There are a number of tax incentive and relief schemes which museums, galleries and other heritage attractions that are registered charities can benefit from. Gift Aid is one of the most valuable tax schemes available to charities, but it is not the only one - incentives are also available to encourage charitable donations via payroll giving, corporate giving and legacies.

To benefit from tax incentives for charitable giving, you need to apply to be recognised as a charity by HM Revenue & Customs (HMRC) for tax purposes, which is a separate process from registering with other charity regulators. More information on registering as a charity with HMRC is available here:

www.hmrc.gov.uk/charities/tax/recognition.htm


Gaining charitable status


If your charity is established in England or Wales and your annual income is more than £5,000, you need to register with the Charity Commission (unless you are an exempt body – see the Charity Commission website for more details).

http://www.charitycommission.gov.uk/

If your charity is established in Scotland, you need to register with the Office of the Scottish Charity Regulator (OSCR).

www.oscr.org.uk/

If your charity is established in Northern Ireland, you need to register with the new Charity Commission for Northern Ireland (registration is due to begin in late 2013).

www.charitycommissionni.org.uk/index.aspx