What do you need to do when you receive a donation?
Checks on donations
Donations can only be accepted from certain sources, which are mainly UK-based. Please see Who can you accept donations and loans from? for details on which sources are permissible.
Before your party accepts any donation of more than £500, you must take all reasonable steps to:
make sure you know the true identity of the donor
check that the donation is from a permissible source
How long do you have to check permissibility?
When you receive a donation, you have 30 days to decide if you can accept it.
Even if you have made a permissibility check in connection with an earlier donation or loan from the same source, you should consider whether to make a fresh check for each subsequent donation.
You should keep a record of all your permissibility checks to show that you have followed the rules.