BIM45180 - Specific deductions: gifts: relief for gifts in kind to charities on or after 27/7/99

FA99/S55 (now ICTA88/S83A) repealed FA98/S47 (see BIM45175). It is effective in relation to gifts made on or after 27 July 1999.

It enables businesses to get relief for donations of:

• stock, or
• used plant and machinery,

to

• charities within the meaning of ICTA88/S506, or
• bodies listed in ICTA88/S507 (1).

The relief operates in the same way as for ICTA88/S84, but there is no requirement to make a claim.