SCHEDULES
SCHEDULE 19Reduction of basic rate of income tax: transitional relief for gift aid charities
Payment of gift aid supplement
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1
A charity is entitled to be paid an amount by the Commissioners (referred to in this Schedule as a payment of “gift aid supplement”) 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.
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Condition B is that the charity makes a claim for the donation to be exempt from tax by virtue of—
a
section 505(1)(c)(ii) of ICTA (charitable companies),
b
section 521(4) of ITA 2007 (charitable trusts), or
c
paragraph 5(1)(c) of Schedule 18 to FA 2002 (community amateur sports clubs).
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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)(a) or (c)), or
b
the tax year to which the claim relates (in a case falling within sub-paragraph (3)(b)).
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Condition D is that the claim is allowed.