SCHEDULES
SCHEDULE 15Relief in respect of gift aid and other income
Claims by charitable companies etc
2
Part 11 of CTA 2010 (charitable companies etc) is amended as follows.
3
1
In Chapter 2 (gifts and other payments), section 477A (claims in relation to gift aid relief) is amended as follows.
2
Before subsection (1) insert—
A1
This section applies to claims for repayment of income tax treated as having been paid by virtue of—
a
section 471 (gifts qualifying for gift aid relief: charitable companies), or
b
section 475 (gifts qualifying for gift aid relief: eligible bodies).
3
In subsection (1), before “applies” insert “
also
”
.
4
In Chapter 3 (other exemptions), after section 491 insert—
Claims
491AClaims in relation to certain reliefs
1
Subsections (2) to (5) of section 477A (claims in relation to gift aid relief) apply to—
a
claims for amounts to be exempt from tax by virtue of a provision listed in subsection (2), and
b
claims for repayment of income tax deducted at source from income which is exempt from tax by virtue of such a provision,
as they apply to claims to which that section applies.
2
The provisions are—
a
section 486 (investment income and non-trading profits from loan relationships),
b
section 487 (public revenue dividends),
c
section 488 (certain miscellaneous income), and
d
section 489 (income from estates in administration).