Smart Money Sam Richardson Donations using Gift Aid scheme benefit charities and can help cut your tax bill
almost 3 years in TheScotsman
Question: I sold a property which has a capital gains tax liability. When the gain is combined with my income this tips me into the higher-rate tax band, resulting in some of the gain being taxed at the higher rate of 28 per cent. If I give money to charity, using the Gift Aid scheme, will this help to reduce my capital gains tax bill?
Who is popular today?
