# Income Tax Act 2007, Section 415: Meaning of “grossed up amount”

Extent: E+W+S+N.I.

In this Chapter references to the grossed up amount of a gift are to the amount of the gift grossed up by reference to the basic rate for the tax year in which the gift is made ... .

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/415 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-415
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.