Commentary

97 Reviews of tax treatment of charitable giving

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

97 Reviews of tax treatment of charitable giving

| Commentary

97 Reviews of tax treatment of charitable giving

Before the Finance Act 2000, the system of relief for charitable giving had grown up piecemeal and gift aid and covenanted giving were alternative ways of making charitable gifts. Gift aid was designed for large one-off donations; and payments under deed of covenant had been tax effective for many years if there was a legally enforceable obligation to make payments over a period in excess of three years. There were no maximum or minimum limits.

In both cases tax relief operated in a similar way. The amount paid by the donor was treated

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