SCHEDULES

SCHEDULE 15Relief in respect of gift aid and other income

Claims by charitable trusts etc

1

1

In Part 10 of ITA 2007 (special rules about charitable trusts etc), section 538A (claims in relation to gift aid relief) is amended as follows.

2

Before subsection (1) insert—

A1

This section applies to claims for—

a

repayment of income tax treated as having been paid by virtue of section 520(4) (gift aid relief: income tax treated as paid by trustees of charitable trust), or

b

repayment of income tax deducted at source from income to which any of the following applies—

i

section 532 (exemption for savings and investment income),

ii

section 533 (exemption for public revenue dividends),

iii

section 536 (exemption for certain miscellaneous income), or

iv

section 537 (exemption for income from estates in administration).

3

In subsection (1)—

a

before “applies” insert “ also ”, and

b

for the words after “tax” substitute

by virtue of—

a

section 521(4) (gifts entitling donor to gift aid relief: charitable trusts), or

b

any of the provisions mentioned in subsection (A1)(b).

4

Accordingly, in the heading, after “relief” insert “ etc ”.