Section 27H: Contribution to COVID-19 Solidarity Fund

27H. Contribution to COVID-19 Solidarity Fund (1) Subject to this section, where an individual has, in the income year commencing on 1 July 2019 or 1 July 2020, made a contribution to the COVID-19 Solidarity Fund, he shall be entitled to relief, by way of a deduction from his net income, after deducting any amount under sections 27, 27A, 27B and 27D, of the amount contributed or donated in that income year. (2) Any unrelieved amount under subsection (1) for an income year may be carried forward and deducted against the net income of the income year immediately following that income year up to a maximum of 2 income years. (3) In this section – “COVID-19 Solidarity Fund” means the Fund referred to in the Finance and Audit (COVID-19 Solidarity Fund) Regulations 2020. (b) in section 57, by deleting the words “Section 18 and 24A” and replacing them by the words “Sections 18, 24A and 27H”; (c) in Part VIII, by inserting after Sub-part BD, the following new Sub-part – Sub-Part BE – COVID-19 Levy