
If you are a higher rate or additional rate taxpayer, you are eligible to claim relief on the difference between the basic rate and your highest rate of tax. The charity you donate to can reclaim the basic rate of tax from donations made by taxpayers.
For example:
If you donated £5,000 to charity, the total value of the donation to the charity is £6,250. You can claim additional tax back of:
If you are a higher rate or additional rate taxpayer you have the option to carry back your charitable donations to the previous tax year. A request to carry back the donation must be made before or at the same time as your previous year’s Self-Assessment return is completed.
This means that if you made a gift to charity in the current 2021-22 tax year that ends on 5 April 2022, you can accelerate repayment of any tax associated with your charitable giving. This can be a useful strategy to maximise tax relief if you will not pay higher rate tax in the current tax year but did in the previous tax year.
You can only claim if your donations qualify for gift aid. This means that your donations from both tax years together must not be more than 4 times what you paid in tax in the previous year. If you do not complete a tax return you need to use a P810 form to make a claim.
HM Revenue & Customs (HMRC) has set itself an ambitious goal: by 2030, 90% of customer interactions should be digital,...
UK corporate law and HMRC guidance have long recognised that transactions between a company and its shareholders are subject to...
The UK Court of Appeal has clarified the VAT treatment of education grants, marking an important shift for schools, universities,...
Buying two or more homes together can trigger special stamp duty and property transaction tax rules across the UK. The...
Submitting a VAT return on time is one of the most important VAT responsibilities for UK businesses. A missed deadline...
HM Revenue & Customs (HMRC) has adopted a significantly tougher stance on VAT investigations for large businesses recently. Investigations into...
From 1 May 2026, the UK VAT road fuel scale charges change to cover the period to 30 April 2027....
Two UK brothers were recently convicted for abusing the government’s film tax relief scheme. Between 2011 and 2015 they submitted...
In a 2026 tax appeal, the First-tier Tribunal (Tax) upheld HMRC’s view that a written-off director’s loan triggers an income...
Recent headlines cite official UK data showing that HMRC spent “£186 million” enforcing the loan charge. The loan charge enforcement...