Tax relief on donations to charity

[mouse2]

If someone made donations to an approved charity for 2007, 2008, 2009 which were all over the 250 limit each year, can they all be claimed in 2009 as they were not claimed in previous years?

In relation to something totally different, if the council paid a farmer for right of way through his land, this payment is taxable like sale livestock etc?

Thanks in advance

 

[huskerdu]

If someone made donations to an approved charity for 2007, 2008, 2009 which were all over the 250 limit each year, can they all be claimed in 2009 as they were not claimed in previous years?

The Charity claims the tax back, not the donor. The donor must fill in and sign the correct form and send back the charity for them to do this, it can be done for previous years. The form is called the CHY2 form.

I cant find the relevant Revenue link at the moment, I'll post it when I can.

 

[T McGibney]

The Charity claims the tax back, not the donor. The donor must fill in and sign the correct form and send back the charity for them to do this

This arrangement applies only to PAYE taxpayers. Self-assessed taxpayers claim tax relief on eligible donations via their Form 11.

 

[T McGibney]

If someone made donations to an approved charity for 2007, 2008, 2009 which were all over the 250 limit each year, can they all be claimed in 2009 as they were not claimed in previous years?

It would be more correct to claim them for the relevant tax year, ie claim 2007 donation against 2007 tax and so on.

In relation to something totally different, if the council paid a farmer for right of way through his land, this payment is taxable like sale livestock etc?

Capital Gains Tax would presumably apply in such a situation?

 

[mouse2]

The council paid the farmer to lay a pipe underground on his land which is now complete and the farmer is reusing the land.

There is no disposal really to offset against Proceeds?

 

[T McGibney]

It is possible to have a CGT liability even where there is no disposal, eg 'capital sums derived from an asset'. If the amounts involved are material you will probably need to get professional advice on this.

 

[mouse2]

Rang the revenue who rang back and said it was a capital gain and to offset the exemption of €1270 against it.