Finance Act 1990

25 Donations to charity by individuals. U.K.

F1 (1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (3A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5C) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5D) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5E) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5F) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5G) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5H) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5I) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (5J) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1 (9A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(10) The receipt by a [F2 charitable company] of a gift which is a qualifying donation [F3 for the purposes of Chapter 2 of Part 8 of the Income Tax Act 2007 (gift aid)] shall be treated for the purposes of the [F4 Corporation Tax Acts], in their application to the [F2 charitable company], as the receipt, under deduction of income tax at the basic rate for the relevant year of assessment, of an annual payment of an amount equal to the grossed up amount of the gift.

F5 (11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(12) For the purposes of this section—

(a) “[F6 charitable company]” has the same meaning as in section 506 of the Taxes Act 1988 and includes each of the bodies mentioned in section 507 of that Act;

F7 (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c) “relevant year of assessment”, in relation to a gift, means the year of assessment in which the gift is made;

(d) references, in relation to a gift, to the grossed up amount are to the amount which after deducting income tax at the basic rate for the relevant year of assessment leaves the amount of the gift; F7 ...

F7 (e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F8 (13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 S. 25(1)-(9A) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 284(2), Sch. 3 Pt. 1 (with Sch. 2 para. 98)

F2 Words in s. 25(10) substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 284(3)(a) (with Sch. 2 para. 98)

F3 Words in s. 25(10) inserted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 284(3)(b) (with Sch. 2 para. 98)

F4 Words in s. 25(10) substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 284(3)(c) (with Sch. 2 para. 98)

F5 S. 25(11) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 284(2), Sch. 3 Pt. 1 (with Sch. 2 para. 98)

F6 Words in s. 25(12)(a) substituted (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 284(4) (with Sch. 2 para. 98)

F7 S. 25(12)(b)(e) and the word “and” immediately preceding paragraph (e) repealed (28.7.2000 with effect as mentioned in s. 39(10) of the amending Act) by 2000 c. 17, ss. 39(7), 156, Sch. 40 Pt. II(1) note 4

F8 S. 25(13) repealed (6.4.2007) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 284(2), Sch. 3 Pt. 1 (with Sch. 2 para. 98)

Modifications etc. (not altering text)

C1 S. 25 modified (31.7.1998) by 1998 c. 36, s. 48(1)(4)

S. 25 applied (31.7.1998) by 1998 c. 36, s. 48(1)(10)

C2 S. 25 modified (with effect as mentioned in s. 98(6) of the modifying Act) by Finance Act 2002 (c. 23), s. 98(1)-(5);

S. 25 modified (with effect as mentioned in s. 58(4) of the modifying Act) by Finance Act 2002 (c. 23), s. 58(1), Sch. 18 Pt. 3 para. 9(1)