For more than a decade, individuals with taxable income of more than £150,000 have had a duty to pay income tax at the ‘additional rate’ - from 50% during 2010/11 through to 2012/13, down to 45% since 6 April 2013, when the additional rate was reduced.
This Briefing Paper looks at the impact of charitable giving on donors who are liable to the
additional rate of income tax after 5 April 2013.
Topics covered:
- Gift Aid
- Gifts of qualifying shares and property
- Gift Aid donations
- Gifts of shares or property
- Claiming the relief
Sharpen
Quarterly emails for trustees, treasurers and Church and Charity Leaders. Practical tools, technical resources and expert guidance to safeguard your mission and ministry.