It’s that time of year again – The Christmas tree is up, the presents are all bought and we’ve stocked up on plenty of goodies and alcohol in preparation for another festive season.  However, Christmas isn’t just about the presents and the excesses. In the true spirit of the festive season, our thoughts should turn to those less fortunate than ourselves.

If you have a limited company, you can make charitable donations to a registered charity and receive tax relief on the donation in the period that it’s made.  You can’t create a loss with a donation or carry over any excess amount of donations to the next accounting period, but you can reduce your tax bill and help those less fortunate than yourself, which is surely a guaranteed way of ending up on Santa’s “good” list!

If you are an individual and you make a charitable donation, provided that you are a UK taxpayer, the charity can reclaim gift aid at source from HMRC, increasing the value of the donation.  You will need to keep a record of the donations made so that these can be included on your tax return form each year.

But wait! Giving isn’t just for Christmas…

If you’d like the opportunity to give to a fantastic cause all year round, why not come along to one of our ‘Workshops with a Difference’.

We’re kicking off the new year with our ‘Calling all Landlords’ workshop, so that Landlords can minimise the effects of recent tax changes, and help to build a world class cancer research centre at the same time. If you would like to join us in the New Year, fill in the form below.


Book your Tax Workshop

By ticking this box you agree to being contacted via email or phone by one of our Advisers, and for the information you provide us with to be kept securely for future communications in line with the new GDPR *

Not a landlord? Tell us what Workshops you’d like us to run in 2017 in the comments section below…

Share this article