Tax Relief on Donations
From 1st January, 2013 all donations from individuals both PAYE only taxpayers and self- assessed will be treated the same with tax relief in all cases being repaid to the charity (The Parish) at a blended rate of 31%. This blended rate will apply to all taxpayers regardless of their marginal rate of tax. In calculating the tax repayable, the donation to the Parish is “gross up” at the tax rate of 31%. In other words the donation will be treated as having been received by the parish “net of tax”.