Gift Aid impact on Personal Savings Allowance

If my total income from pension, interest on savings and dividends puts me just into being a higher rate tax payer I would only get the £500 personal savings allowance rather than the £1000 I would get as a basic rate tax payer. In this case, could I donate to charity enough that the gift aid means I only pay basic rate tax and then get the £1000 allowance or does the PSA “basic rate” only allow for total income - personal allowance and not count gift aid ? Thanks

Hi

The allowance is based on your income but by making gift aid payments to extend the basic rate band, this may reduce any additional tax that may be due on the interest.

Thank you