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Where Taxpayers and Advisers Meet

Corporation tax deduction (donation to charity)

v.korn
Posts:2
Joined:Mon Nov 07, 2016 10:25 am
Corporation tax deduction (donation to charity)

Postby v.korn » Mon Nov 07, 2016 10:34 am

Hello! Could you please advise me on following question.
My company is going to give a donation to charity (approx. 70 % of it`s income). Will we be able to make a deduction of corporation tax on such amount of donation? And if it`s possible, what are the conditions to make such deduction?

pawncob
Posts:5099
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: Corporation tax deduction (donation to charity)

Postby pawncob » Mon Nov 07, 2016 5:47 pm

With a pinch of salt take what I say, but don't exceed your RDA


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