The latest Clay Shaw Butler Money Matters column from the Carmarthenshire Herald
The latest Clay Shaw Butler Money Matters column from the Carmarthenshire Herald. By Mark Jones, director of Carmarthen-based Clay Shaw Butler chartered accountants and business consultants. Charity begins at home, they say - and we know that we are all a generous lot when it comes to helping others in West Wales. Many of us have strong links with charities and many play key roles as officers and volunteers for various charitable causes. So, here’s the latest news on the charity front for ‘Money Matters’ readers - In September, the taxman at HMRC updated the detailed guidance notes which outline how the tax system operates for charities. The notes include how to apply to be recognised as a charity for tax and the operation of gift aid and payroll giving. Over the last five years, the Government has brought in a range of changes to the tax system to make it simpler for charities to make the most of tax reliefs, so that more money can go to good causes. Gift aid small donation scheme: