Originally posted by TheFaQQer
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Company donations to charity
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Company donations to charity"
Collapse
-
-
Originally posted by boxman View PostI don't think there's much in it but it perhaps depends on the charity. I decided to sponsor a charitable musical event last year so I did it through my company as it got the company name in the programme as principal sponsor. Thought this had to be useful for IR35 and did for my advertising budget last year!
Leave a comment:
-
I don't think there's much in it but it perhaps depends on the charity. I decided to sponsor a charitable musical event last year so I did it through my company as it got the company name in the programme as principal sponsor. Thought this had to be useful for IR35 and did for my advertising budget last year!
Leave a comment:
-
I would pay it personally, then the charity gets gift aid and thus more dosh.
Thats what a donation is all about surely.
Leave a comment:
-
-
Either gift aid it, so pay yourself out of post-tax income and they claim back 28p in the £1 (so you can give less / they can make more).
Or donate from your company and it comes out as an expense, so you don't pay CT on it.
Can't be bothered to work out the sums - I asked my accountant once and he didn't give me a straight answer.
It depends on what you are trying to achieve. If you want to donate £100 and have the charity get the most out of it, then pay yourself and gift aid it (so they get £128). If you want to donate £100 and pay the minimum amount of tax on it yourself, then through the company is probably the best way to do it, and the charity gets £100.
Leave a comment:
-
Company donations to charity
I intend to donate to http://www.helpforheroes.org.uk/
Does anyone know what is the most tax efficient methos of doing this?
http://www.telegraph.co.uk/news/main...2/niraq102.xmlTags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: