As a higher rate taxpayer-I can reclaim some of my Zakah back from HMRC-How do I treat this ?
Fatawa Question
As a higher rate taxpayer-I can reclaim some of my Zakah back from HMRC-How do I treat this ? I am a higher rate taxpayer and would claim gift aid on my Zakah “donation”. If I give £ 100, the charity will be able to claim another £ 28 or so. Fine. My donation was £ 100 not £ 128. But, I get to reclaim £ 20 or so from the taxman. So in reality my wealth has only gone down £ 80 for my donation. Have I paid £ 100 or £ 80 to my Zakah ?
Fatwa
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Publisher
al-Qalam Shariah Scholar Panel
Publication Date
2011-08-01
Country of Publication
United Kingdom
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
No. of Pages
1
Data Type
Fatawa
Language
English
Record ID
BIM-727131
American Psychological Association (APA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2011-08-01. As a higher rate taxpayer-I can reclaim some of my Zakah back from HMRC-How do I treat this ?. . Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727131
Modern Language Association (MLA)
al-Qalam Shariah Scholar Panel (Manchester, England). As a higher rate taxpayer-I can reclaim some of my Zakah back from HMRC-How do I treat this ?. Manchester England : al-Qalam Shariah Scholar Panel. 2011-08-01.
https://search.emarefa.net/detail/BIM-727131
American Medical Association (AMA)
al-Qalam Shariah Scholar Panel (Manchester, England). 2011-08-01. As a higher rate taxpayer-I can reclaim some of my Zakah back from HMRC-How do I treat this ?. Manchester England : al-Qalam Shariah Scholar Panel.
https://search.emarefa.net/detail/BIM-727131