Charity sponsorship payments are different from donations because your company gets something related to your business in return. Typically, your business brand would be promoted by the charity in some way. You can deduct sponsorship payments from your business profits before you pay tax by…
Tag: Charity
Charity – using a subsidiary trading company
One or more charities can set up a subsidiary trading company to trade on their behalf. This may be a useful strategy if your charity: Makes profits on trading that is not linked to its primary purpose Makes a profit that comes close to or…