Income Tax Act 2007 section 417

Meaning of "benefits associated with a gift"

Section 417 defines what it means for a benefit to be "associated with" a gift for the purposes of the gift aid rules.

• A benefit is associated with a gift if it arises as a consequence of making that gift.
• The benefit may be received by the individual who made the gift themselves.
• The benefit may alternatively be received by a person connected with the individual who made the gift.
• This definition is relevant to determining whether gift aid relief may be restricted or denied.