Income Tax Act 2007 section 441

Certificate required from charity

Section 441 requires that any claim for tax relief on a gift of a qualifying interest in land must be supported by a certificate issued by the recipient charity.

• This section applies only where the qualifying investment is a qualifying interest in land
• An individual cannot claim relief unless they have received a certificate from the charity or someone acting on its behalf
• The certificate must describe the land interest, specify the disposal date, and confirm the charity has acquired it
• This is the first of four sections dealing specifically with qualifying interests in land