Income Tax (Trading and Other Income) Act 2005 section 630

Exception for gifts to charities

Section 630 provides an exception from the rule that treats settlement income paid to or for the benefit of a settlor's minor child as the settlor's income, where that income is given to or earmarked for a charity.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.