Helping people to shape their lives
On 1 January 2016 new international tax transparency legislation was introduced to prevent individuals and entities using offshore structures to evade tax. This will not affect all charities, but those who fall within this legislation must report any relevant payments it makes to tax residents outside the UK, to HM Revenue and Customs.
Although the Glasspool Charity Trust only awards grants to people who are residents of the UK, to comply with the legislation we must have confirmation of their UK residency. To help us obtain this assurance we have added a ‘self-certification’ tick box to our grant application forms.
If you would like any further information about this change to our grants form please email: grants@glasspool.org.uk Further information about the legislation can be found https://www.gov.uk/guidance/automatic-exchange-of-information-introduction