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Out with the old, in with the new?
Risk management in action
The Retail Gift Aid Scheme (‘RGAS’) is an HMRC approved way for charities (and Community Amateur Sports Clubs) to claim Gift Aid on proceeds from the sale of donated goods in charity shops. By claiming Gift Aid shop proceeds can be increased in value by up to 25% (whilst the basic rate of Income Tax is 20%).
Let's #tickthebox this year.