The following tax rates and allowances are applicable for the tax year 1997/98 with comparatives for the year 1996/97.
| CHARITABLE DONATIONS | ||
| 1997/98 | 1996/97 | |
| £ | £ | |
| Give as you earn - gross maximum | 1,200 | 1,200 |
| Gift Aid - net - minimum (no maximum) | 250 | 250 |
| Covenated donations (minimum duration of covenant more than three years) | no limits | no limits |
| Note : Gift Aid and covenated donations require deduction of tax at source. | ||
| If, however, an individual has taxed income equal to, or in excess of, gross | ||
| donation, no tax is payable. | ||