Gift Aid Scheme

Treasury written question – answered on 15th October 2008.

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Photo of David Howarth David Howarth Shadow Solicitor General, Ministry of Justice, Shadow Minister (Shadow Solicitor General), Home Affairs

To ask the Chancellor of the Exchequer how long the gift aid transitional rate of 22 per cent. announced on 12 March 2008 will remain in place; and if he will make a statement.

Photo of Stephen Timms Stephen Timms Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills)

The Chancellor announced at Budget 2008 that the Gift Aid transitional rate will be applied to qualifying donations from individual taxpayers made in the tax years 2008-09, 2009-10 and 2010-11.

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