Country: | United Kingdom |
Title: | Tax when your limited company gives to charity |
Description: | Your limited company pays less Corporation Tax when it gives the following to charity: - money - equipment or trading stock (items it makes or sells) - land, property or shares in another company (shares in your own company don’t qualify) - employees (on secondment) - sponsorship payments You can claim tax relief by deducting the value of your donations from your total business profits before you pay tax. |
Link: | https://www.gov.uk/tax-limited-company-gives-to-charity |
Category: | Taxes |