CG66642 - Gifts: to charities: conditions

TCGA92/S257

You will find the rules for gifts to charities and other listed organisations in TCGA92/S257.

To obtain relief the disposal must be otherwise than by way of a bargain at arm's length. Ordinary commercial transactions are dealt with using the normal rules.

If the consideration for the disposal exceeds the amounts allowable under TCGA92/S38, (see CG15150+), you take into account the actual consideration which passed and not the market value.