Mr. Michael Jabez FosterTo ask the Chancellor of the Exchequer what is the estimated repayment of tax to charities as a result of the Gift Aid changes implemented in April 2000; and what is the total tax repayable resulting from the Gift Aid scheme to date. [151363]
§ Miss Melanie JohnsonRepayments to charities of basic rate income tax on donations made under the Gift Aid scheme up to the end of 1999–2000 are available in table 10.3 of Inland Revenue Statistics 2000, a copy of which is in the Library.
Repayments from April 2000 are not comparable with those in earlier years as companies are no longer required to deduct basic rate income tax from their Gift Aid donations. Since company donations are now made gross these no longer have associated tax repayments.
Full year figures for April 2001 will not be available for some time yet and it is not possible, at this stage, to estimate how much of current year repayments is due to last year's changes.