Commentary

129 Corporation tax relief for charitable donations

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

129 Corporation tax relief for charitable donations

| Commentary

2: CORPORATE GIFTS

129 Corporation tax relief for charitable donations

Companies (and unincorporated associations) can claim tax relief for qualifying donations paid to charities. The relief also applies to gifts to a community amateur sports club (CASC)1, gifts to the trustees of the National Heritage Memorial Fund, the Historic Buildings and Monuments Commission for England and qualifying scientific research associations2. The payment is made gross (contrast individual gift aid) so no tax is repayable to the charity. For the company, relief is generally available in the accounting period during which the payment is made except where

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