Reply to: Does your company make charitable donations?

[ratewhore]

Netball, I assume?

Amazingly, you assume right!!

[Troll]

provide training for 300 community volunteers as well as start up new kids clubs pioneering psycho-social support activities for children orphaned by HIV.

This babble is why I do not give to charities (except the poppy appeal)

[Troll]

depends. there are loans, and then there are loans. ;-)

Ahhh you mean a 'Mandelson loan'

[NickFitz]

Done that too. Went through the books as marketing as it was the closest category I could think of. There's a sports team running around with my company name emblazoned over their kit.

Closed the company since mind

So there's a sports team running around with

RateWhore

Limited

emblazoned across their torsos?

Netball, I assume?

[contractor79]

I donate to charities personally. Is it best to do it through company?

[thunderlizard]

Yes: when it's client-led and therefore a donation from the company, not a personal one from me. Their staff are forever doing sponsored fun-runs to break the monotony of their careers. Also, it sometimes impresses clients more to give £20 to their favourite charity than spend £200 entertaining them at a restaurant.

Oh, and Farepak that one time.

[Solent]

I have not donated to registered charities, but other areas. I have sponsored a local fun run and squash team for our fitness club, but the thing that confuses me; Sponsorship, liable to VAT, donation which they can put towards the sponsorship; VAT Free

[RichardCranium]

MyCo has never made a financial charitable donation.

It has provided many, many hours of my time in return for free advertising.

For example, there are charity newsletters out there with

"Typeset & printed by CraniumCo"

on the bottom.

[lambrini_socialist]

Yes, once a month to me.

read the question, dummy, it said registered charities.

[DiscoStu]

Yes, once a month to me.

[ratewhore]

But I've done sponsorship in return for publicity.

Done that too. Went through the books as marketing as it was the closest category I could think of. There's a sports team running around with my company name emblazoned over their kit.

Closed the company since mind

[lambrini_socialist]

Does lending money to New Labour count in return to overlooking my company in any IR35 investigations?

depends. there are loans, and then there are loans. ;-)

[lambrini_socialist]

It's generally not more tax-efficient than personal donation. But I've done sponsorship in return for publicity.

yeah, i'm looking at this - it's only something small of course but pretty cool.

the tax efficiency thing - paying it from the company disqualifies the donation from tax relief at their end i believe, so it's kind of tight-fisted on my part unless i bump up the amount to account for this.

[DimPrawn]

Does lending money to New Labour count in return to overlooking my company in any IR35 investigations?

[NotAllThere]

It's generally not more tax-efficient than personal donation. But I've done sponsorship in return for publicity.