434 The relievable amount
Income Tax Act 2007 (2007 c 3) | Legislation

Amount of relief

434  The relievable amount

(1)     If the disposal is a gift, the relievable amount is given by the formula—

V + IC – B

·É³ó±ð°ù±ð—

V is the value of the net benefit to the charity at, or immediately after, the time when the disposal is made, whichever is less,

IC is the amount of the incidental costs of making the disposal to the individual making it, and

B is the total

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