Gift Aid: Income Tax

Summary

To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of temporarily decoupling the link between rates of gift aid and income tax to help support charities who have experiencing reductions in donations as

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Timeline

1. 12 April 2021

   Written question

   To ask the Chancellor of the Exchequer, what assessment his Department has made of the potential merits of temporarily decoupling the link between rates of gift aid and income tax to help support charities who have experiencing reductions in donations as

   Source: Commons

2. 15 April 2021

   Answer

   Gift Aid is a tax relief tied to the basic rate of tax paid by donors, currently at 20%. Changing the rate at which Gift Aid is paid would break the link with tax that has been paid and it would no longer be a tax relief but a grant to charities. The Gove...

   Source: Written answer

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• · Treasury · Answering body

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