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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Small Charitable Donations Act (Amendment) Order 2015 No. 2027 URL: http://www.bailii.org/uk/legis/num_reg/2015/uksi_20152027_en_1.html |
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Statutory Instruments
Charities
Made
14th December 2015
Coming into force
6th April 2016
The Treasury make the following Order in exercise of the powers conferred by section 14(1) of the Small Charitable Donations Act 2012(1).
A draft of this instrument was laid before, and approved by a resolution of, the House of Commons in accordance with section 17(2) of that Act.
1. This Order may be cited as the Small Charitable Donations Act (Amendment) Order 2015 and comes into force on 6th April 2016.
2. The Small Charitable Donations Act 2012 is amended as follows.
3. In section 1(6) (maximum donations limit: the specified amount), for "£5,000" substitute "£8,000".
4. In section 4(3)(a) (connected charities: the specified amount), for "£5,000" substitute "£8,000".
5. Section 6 is amended as follows-
(a)in subsection (3)(b) (the community building amount), for "£5,000" substitute "£8,000";
(b)in subsection (4)(b) (the remaining amount), for "£5,000" substitute "£8,000".
6. In section 9(4)(b) (the capped total of remaining donations), for "£5,000" substitute "£8,000".
David Evennett
Charlie Elphicke
Two of the Lords Commissioners of Her Majesty's Treasury
14th December 2015
(This note is not part of the Order)
This Order, which comes into force on 6th April 2016, amends the Small Charitable Donations Act 2012 (c.23) by increasing the "specified amount" from £5,000 to £8,000. The specified amount is used to calculate the maximum donations limit on which a charity may claim a top-up payment for a tax year.
A full Impact Assessment was published on 22nd November 2012 alongside the Small Charitable Donations Act 2012 and is available on the National Archives / HMRC website at http://webarchive.nationalarchives.gov.uk/*/http:/www.hmrc.gov.uk/ria/ia-final-giftaid-don.pdf (then click on link dated December 04 2012). It remains an accurate summary of the impacts that apply to this instrument.
