Commentary

96 Tax relief for charitable giving

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

96 Tax relief for charitable giving

| Commentary

(2) CHARITABLE GIVING

A: INTRODUCTION TO CHARITABLE GIVING

96 Tax relief for charitable giving

It has long been government policy to encourage gifts to charity by giving tax relief for the donor and in some instances sharing this relief with the charity. The principal tax reliefs that relate to charitable giving or investment in a charity are as follows:

  1. 96.1

        transfers of value (relief from inheritance tax and, subject to certain conditions, a reduced IHT rate on death when a gift is made to charity)1;

  2. 96.2

        disposals by way of gift (relief from capital gains tax or

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