Charity tax statistics 2015-16

HMRC has published its annual charity tax statistics for the year 2015-16.

Charities reliefs

  • Gift Aid increases to £1.3bn (provisional figure)
  • GASDS increases to £26m (provisional figure)
  • National non domestic rates increases to £1.79bn
  • VAT relief remains at £300m
  • SDLT relief increases to £290m
  • Overall charity relief increases to £3.67bn (an increase of £280m overall)

Individual reliefs

  • Inheritance tax relief increases to £880m
  • Payroll giving remains at £40m
  • Gifts of shares and property increases to £70m
  • Higher rate relief on Gift Aid increases to £480m
  • Overall individuals relief up to £1.47bn (an increase of £150m overall)

Gift Aid

  • 150 charities now receive over £1m a year
  • The total repayment to these 150 charities is £580m which is approximately half the total payout
  • Approximately 71,000 charities made a Gift Aid claim
  • 50,000 charities claim Gift Aid to a value under £5,000

HMRC data