Tax Benefits of Donations: for both Companies and Charities

DONATIONS BY INDIVIDUAL TAX PAYERS

Donating to charity through Gift Aid
http://www.hmrc.gov.uk/individuals/giving/gift-aid.htm
https://www.gov.uk/donating-to-charity/gift-aid

How to Claim UK Tax Benefits on Charitable Donations
http://www.wikihow.com/Claim-UK-Tax-Benefits-on-Charitable-Donations

What is Gift Aid and how does it work?
http://www.datadevelopments.co.uk/GiftaidfullV2.pdf

Gift Aid – your questions answered
http://www.treloar.org.uk/gift-aid-your-questions-answered/

Charity events
http://www.hmrc.gov.uk/charities/gift_aid/rules/events.htm

“You pay Income Tax at 40% or 45%

You can claim back the difference between the tax you’ve paid on the donation and what the charity got back when you fill in your Self Assessment tax return.”
ref: https://www.gov.uk/income-tax-reliefs/charity-donations-tax-relief
Self Assessment tax returns
https://www.gov.uk/self-assessment-tax-returns

 

DONATIONS BY COMPANIES

Gifts to charity made by companies
http://www.hmrc.gov.uk/businesses/giving/companies.htm

Sponsoring a charity
http://www.hmrc.gov.uk/businesses/giving/sponsorship.htm

Gifts to charity of money by sole traders or partnerships
http://www.hmrc.gov.uk/businesses/giving/self-employed.htm

List of statutory references
http://www.hmrc.gov.uk/charities/legislation.htm

Tax Return

Help with your Tax Return
http://taxaid.org.uk/guides/tax-returns