SCHEDULE 19 Reduction of Basic Rate of Income Tax: Transitional Relief for Gift Aid Charities
Finance Act 2008 (2008 c 9) | Legislation

SCHEDULE 19 Reduction of Basic Rate of Income Tax: Transitional Relief for Gift Aid Charities

Section 53

Payment of gift aid supplement

1

(1)     A charity is entitled to be paid an amount by the Commissioners (referred to in this Schedule as a payment of “gift aid supplementâ€) if the following conditions are met.

(2)     Condition A is that a gift aid donation is made to the charity in a transitional tax year.

(3)     Condition B is that the charity makes a claim for the donation to be exempt from tax by virtue of—

(a)     . . .

(b)     section 521(4) of ITA 2007 (charitable trusts), . . .

[(ba)     section 472 of CTA 2010 (charitable companies),

(bb)     section 475 of CTA 2010 (eligible bodies), or]

(c)     [section 664(1) of CTA 2010] (community amateur sports clubs).

(4)     Condition C is that the claim is made within the period of two years beginning immediately after the end of—

(a)     the accounting period to which the claim relates (in a case falling within sub-paragraph [(3)(ba), (bb) or (c)]), or

(b)     the tax year to which

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