[Tax reliefs for donations to charities](https://library.croneri.co.uk/cch_uk/etc/qo-char-2)

1. [Definition of charity](https://library.croneri.co.uk/cch_uk/etc/62800)

1.1. Statutory definition

1.2. Body established for charitable purposes

1.3. From April 2024 must be a UK charity

1.4. Registered as a charity with appropriate authority

1.5. Managers are 'fit and proper persons'

2. [Gifts to the nation](https://library.croneri.co.uk/cch_uk/etc/62825)

2.1. Gift of pre-eminent object to the nation

2.2. Reduction in tax liability at a fixed rate

2.2.1. 30% for individuals

2.2.2. 20% for companies

2.3. Individuals can spread tax reduction forward across a period of up to five years

2.4. Gifts under the scheme not a chargeable gain and exempt from IHT

3. [Gifting assets to charities](https://library.croneri.co.uk/cch_uk/etc/62820)

3.1. Gift of qualifying investment by an individual to a charity

3.1.1. Listed shares or securities

3.1.2. Units in an authorised unit trust

3.1.3. Shares in an open-ended investment company

3.1.4. An interest in an offshore fund

3.1.5. A freehold or leasehold interest in land and buildings in the UK

3.2. Income tax deduction

3.2.1. Market value at date of gift

3.2.2. plus, incidental expenses of transfer

3.2.3. less, any consideration or benefit received

3.3. Relief in addition to capital gains tax relief gifts of certain assets to a charity

4. [Payroll giving](https://library.croneri.co.uk/cch_uk/etc/62810)

4.1. Employee makes donation by deduction from gross salary

4.2. Tax relief at source at employee's marginal rate of tax

4.3. Income tax relief, no relief from National Insurance contributions

5. [Gift Aid](https://library.croneri.co.uk/cch_uk/etc/62815)

5.1. Gift of money by individuals to charities and CASCs

5.2. Donation treated as paid after deduction of basic rate tax

5.3. Income tax relief given by extending basis and higher rate bands

5.4. Qualifying conditions

5.4.1. A sum of money

5.4.2. Gift Aid declaration completed

5.4.3. Not subject to a repayment condition

5.4.4. Not within payroll deduction scheme

5.4.5. Not deductible from a source of income

5.4.6. Not conditional on acquisition of property by the charity

5.4.7. Limit on associated benefits

5.4.7.1. < £2,500 p.a.

5.4.7.2. 25% of donation where donation < £100

5.4.7.3. £25 + 5% of excess where donation >£100