Overview

gift aid


Related Overviews

 

'gift aid' can also refer to...

gift aid

gift aid

gift aid

gift aid

gift aid

gift aid

gift aid

Gift aid applies for a passport Hein Persche v Finanzamt Lüdenscheid (C-318/07)

Gift Aid crosses the border Hein Persche v Finanzamt Lüdenscheid

 

More Like This

Show all results sharing this subject:

  • Financial Institutions and Services

GO

Show Summary Details

Quick Reference

A system enabling individuals and companies to donate money to charities and for the charities to recover the tax paid on these donations (thus increasing the value of the donation by 28%). The taxpayer must make a gift aid declaration to the charity, stating that the payment is to be treated as gift aid. This system was first introduced in 1990, but tax relief was subject to the donation being of a minimum value. From April 2000, however, the system was extended to gifts of any value, including regular and one-off payments. It replaced the deed of covenant in favour of charities from that date, although existing covenants remain valid.

Subjects: Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.