| answer text |
<p>Tax relief is available on donations to charity by individuals and organisations,
and to charities for their activities, including investment income.</p><p>Information
about tax relief on charities’ investment income, and on charitable donations by organisations
is not readily available.</p><p>Estimates for tax reliefs on charitable donations
by individuals are published in “UK charity tax relief statistics”. The table below
is an extract from the latest edition.</p><p>Extract from Table 2<strong>:</strong>
Estimates for UK charities tax reliefs. Updated June 2018. Restricted to those reliefs
for which accurate figures can be estimated</p><p> </p><table><tbody><tr><td><p>£m</p></td><td
colspan="2"><p>Reliefs paid to charities</p></td><td colspan="4"><p>Reliefs paid to
individuals</p></td></tr><tr><td><p>Tax Year</p></td><td><p>Gift Aid</p></td><td><p>Gift
Aid Small Donations Scheme</p></td><td><p>Inheritance Tax</p></td><td><p>Payroll Giving</p></td><td><p>Gifts
of shares and property</p></td><td><p>Higher Rate Relief on Gift Aid</p></td></tr><tr><td><p>2013-14</p></td><td><p>1060</p></td><td><p>10</p></td><td><p>660</p></td><td><p>40</p></td><td><p>60</p></td><td><p>410</p></td></tr><tr><td><p>2014-15</p></td><td><p>1210</p></td><td><p>20</p></td><td><p>700</p></td><td><p>40</p></td><td><p>60</p></td><td><p>480</p></td></tr><tr><td><p>2015-16</p></td><td><p>1300</p></td><td><p>30</p></td><td><p>800</p></td><td><p>40</p></td><td><p>70</p></td><td><p>500</p></td></tr><tr><td><p>2016-17</p></td><td><p>1280</p></td><td><p>30</p></td><td><p>840</p></td><td><p>40</p></td><td><p>70</p></td><td><p>490</p></td></tr><tr><td><p>2017-18</p></td><td><p>1270</p></td><td><p>30</p></td><td><p>860</p></td><td><p>40</p></td><td><p>70</p></td><td><p>490</p></td></tr></tbody></table><p>
</p><p> </p>
|
|
