Thursday, 8 September 2016

Mistakes made by sector...

HM Revenue & Customs has published a list of the most common tax mistakes made by charities, as part of the work of its Charities Outreach Team.
The statistics from the outreach team have been published by the Charities Tax Group, show that the main error made by charities in relation to their taxes revolves around organisatons changing personnel or appointing new employees, without changing their details or letting HMRC know.
The second most common mistake made by charities, according to HMRC, is “claiming excessive Gift Aid Small Donations Scheme (GASDS)”.

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