What is the GASDS?
Similar to Gift Aid, GASDS allows Charities and Community Amateur Sports Clubs (CASCs) to claim an additional payment from HMRC equal to 25% of the qualifying donations it receives. Unlike Gift Aid, the administrative burden is light. Under GASDS there is no requirement for the donor to pay tax, and there’s no need to keep records of individual donations, or to obtain declarations from each donor. There is much less paperwork.
The GASDS top-up payment can be claimed on small, unattributed cash or contactless donations of £30 or less, up to a maximum of either:
- £8,000 of donations collected anywhere in the UK, or
- £8,000 for each community building (only charities can claim for community buildings, not CASCs).
For these purposes, a community building is one that a charity uses to run charitable activities and broadly where:
- On at least six occasions, at least ten beneficiaries attend a single charitable event for a group activity.
- The event is free to enter and open to the public or a section of the public.
N.B. There is no need for the charity to own the building.
GASDS is not a replacement for Gift Aid, but a potentially valuable addition. It’s important to continue to claim Gift Aid where relevant. Gift Aid affords additional relief to the taxpayer which is not available under GASDS.