A taxpayer with no capital gains tax liability makes a qualifying Gift Aid donation of 960 in tax year 2021 22 Explain (a) why this donation is worth more than 960 to the charity which receives it (b) why this donation might cost the taxpayer more than 960 (c) why this donation might cost the taxpa...

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A taxpayer with no capital gains tax liability makes a qualifying Gift Aid donation of 960 in

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A taxpayer with no capital gains tax liability makes a qualifying Gift Aid donation of £960 in tax year 2021-22. Explain:

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Taxation Finance Act 2021

ISBN: 9781292406725

27th Edition

Authors: Alan Melville

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Question Posted: Jan 31, 2024 02:01 AM

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A taxpayer with no capital gains tax liability makes a qualifying Gift Aid donation of 960 in

Question:

(a) why this donation is worth more than 960 to the charity which receives it (b) why this donation might cost the taxpayer more than 960 (c) why this donation might cost the taxpayer less than 960.

Step by Step Answer:

The image contains a question broken down into three parts regarding a 960 Gift Aid donation made by a taxpayer Here is the explanation for each part ...View the full answer

Taxation Finance Act 2021

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