Income Tax Act 2007

Finance Act 2004 (c. 12)

462 (1) Amend section 83 (giving through the self-assessment return) as follows.

(2) Omit subsections (1) to (3).

(3) For subsections (4) and (5) substitute—

“(4) A charitable company is treated as having made a claim for any exemption to which it may be entitled under section 505(1)(c)(ii) of the Taxes Act 1988 (charities: exemption from tax under Case III of Schedule D) if—

(a) it receives a gift as a result of a direction under section 429(2) of the Income Tax Act 2007 (giving through self-assessment return), and

(b) as a result of section 429(4) of that Act, the gift is treated as a qualifying donation for the purposes of Chapter 2 of Part 8 of that Act (gift aid).

(5) In this section “charitable company” means any body of persons established for charitable purposes only.”