SCHEDULES
SCHEDULE 19Reduction of basic rate of income tax: transitional relief for gift aid charities
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 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.
3
Condition B is that the charity makes a claim for the donation to be exempt from tax by virtue of—
F4a
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b
section 521(4) of ITA 2007 (charitable trusts), F5...
F3ba
section 472 of CTA 2010 (charitable companies),
bb
section 475 of CTA 2010 (eligible bodies), or
c
F2section 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 F1(3)(ba), (bb) or (c)), or
b
the tax year to which the claim relates (in a case falling within sub-paragraph (3)(b)).
5
Condition D is that the claim is allowed.