Part 3Income tax, corporation tax and capital gains tax
Other income tax measures
60Gift aid: limits
(1)
In section 418 of ITA 2007 (donations to charity by individuals: limits)—
(a)
in subsection (2)(c), for “2.5%” substitute “
5%
”
, and
F1(b)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2(2)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3)
The amendment made by subsection (1) has effect in relation to gifts made on or after 6th April 2007.
(4)
The amendment made by subsection (2) has effect in relation to gifts made in an accounting period ending on or after 6th April 2007.