Commentary

B5.823 Gifts to charities

Business tax
Business tax | Commentary

B5.823 Gifts to charities

Business tax | Commentary

B5.823 Gifts to charities

Exemptions from tax are afforded in respect of certain gifts to charities to the extent that the income is applied for charitable purposes only. There are, however, restrictions on the tax relief available in some cases where the donation is 'tainted', see B5.852.

Where a gift is made to a charity by an individual and the gift is a qualifying donation for gift aid purposes, the charity is treated as receiving, under deduction of income tax at the basic rate for the tax year in which the gift is made, a gift equal to the grossed up

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