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Higher rate taxpayer claiming gift aid relief

Can this be claimed on prior tax years

Didn't find your answer?

Apologies for anon post...

Private individual became higher-rate tax payer late 18/19 tax year. I've just found out they had made regular charitable donations on which they had completed a gift aid declaration. Is it possible to make a claim to extend the basic rate band for the the previous tax-year and generate a tax rebate? If possible, anyone know how one would do this? 

 

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By Tax Dragon
17th Feb 2020 15:52

Did they complete an 18/19 SATR?

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By anonymous778899
17th Feb 2020 16:07

No they've never completed an SATR. Only income is employment and dividends but even they are in an ISA wrapper

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Hallerud at Easter
By DJKL
17th Feb 2020 16:18

So, cost benefit analysis re entering into SA and all that will entail versus additional basic rate benefits of Gift Aid; I suspect the Gift Aid has to be close to the £750 net mark to cover the accountant's fees.

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By mbee1
18th Feb 2020 11:11

£750 for an SATR with a few Gift Aid payments. Wow. Expensive.

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By Cloudcounter
18th Feb 2020 11:40

I don't think that higher rate relief on £750 of gift aid payments will cover £750 of accountancy charges. ;-)

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By Tim Vane
17th Feb 2020 16:21

Too late for this year. For next year submit a P810

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By Not Anonymous
17th Feb 2020 22:17

Quote:

Apologies for anon post...

Private individual became higher-rate tax payer late 18/19 tax year. I've just found out they had made regular charitable donations on which they had completed a gift aid declaration. Is it possible to make a claim to extend the basic rate band for the the previous tax-year and generate a tax rebate? If possible, anyone know how one would do this? 

 

Do you mean they had made regular donations during 2018/19?

Or that donations only started during 2019/20?

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Replying to Not Anonymous:
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By anonymous778899
18th Feb 2020 11:42

Thanks, the donations were throughout 18/19 and have continued into 19/20.

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By Not Anonymous
18th Feb 2020 20:46

Quote:

Thanks, the donations were throughout 18/19 and have continued into 19/20.

Not sure what the problem is then. A simple letter to HMRC with clear i.e. net, gross etc, details of what the Gift Aid contribution in that tax year was should suffice.

Whether a refund is actually due will depend on the overall position but no need for an SA ITR or P810 (do they even still exist?) in my experience. That is on the basis neither have already been issued.

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By Montrose
18th Feb 2020 11:32

Client could just make a repayment claim for 2018/9?

A different problem can arise if charity asks the client to sign a Gift Aid form including backdating, as the Charity can recover four years back tax, whilst the payer cannot backdate a claim for higher rate relief.

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