BIM45170 - Specific deductions: gifts: to
educational establishments: claims procedure
For relief to be given there must be a valid claim. This claim
must specify the article given and the name of the recipient
establishment. The claim should be made by the donor before the
appropriate time limit in ICTA88/S84 (3A). The time limit is:
CT
- accounting periods ending before 1 July
1999 - 2 years after the date on which the gift was made,
- accounting periods ending on or after 1
July 1999 - 2 years after the end of the accounting period in which
the gift was made.
IT
- years of assessment 1995-96 and earlier -
2 years after the date on which the gift was made,
- years of assessment 1996-97 and later -
the 31 January falling almost 22 months after the end of the year
of assessment in whose basis period the gift was made.
Late claims should be referred to CT&VAT (Technical).
