§ Mr. Stephen O'BrienTo ask the Chancellor of the Excheque what the value of shares given in Gift Aid was in the last tax year. [79105]
§ John HealeyThere is no Gift Aid scheme on gifts of shares. However, Budget 2000 introduced relief at a taxpayer's marginal tax rate on gifts of shares and other qualifying investments.
The value of shares and other qualifying investments given to charities in 2000–01 is estimated at £100 million.