# Finance Act 2019, Section 40: Gift aid etc: restrictions on associated benefits


(1) In section 418 of ITA 2007 (gifts to charities by individuals: restrictions on associated benefits) in subsection (2) (the variable limit) for paragraphs (a) to (c) substitute—
“(a) in a case where the amount of the gift is £100 or less, 25% of that amount, and
(b) in a case where the amount of the gift exceeds £100, the sum of £25 and 5% of the amount of the excess.”
(2) The amendment made by subsection (1) has effect in relation to gifts made on or after 6 April 2019.
(3) In section 197 of CTA 2010 (payments to charities by companies: restrictions on associated benefits) in subsection (2) (the variable limit) for paragraphs (a) to (c) substitute—
“(a) in a case where the amount of the payment is £100 or less, 25% of that amount, and
(b) in a case where the amount of the payment exceeds £100, the sum of £25 and 5% of the amount of the excess.”
(4) The amendment made by subsection (3) has effect in relation to payments made on or after 6 April 2019.

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Source: https://www.legislation.gov.uk/ukpga/2019/1/section/40 (the official version)
Page: https://openlegislation.uk/finance-act-2019/section-40
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.