Businesses making charitable donations
Discussion
Hello all
Thought this might be a good place to solve a little thing that’s been bugging me.
I’m currently running a GoFundMe to try to raise funds to buy a cheap car for the Ukrainian family that’s living with me at the moment. This should improve mums employment opportunities and help her to get a better job and perhaps her own place etc etc
I did have a promise from an acquaintance (a mate of a mate of a mate) to give me a sizeable donation via his ltd company. A verbal thing said down the pub. I agreed to send him the link and go from there. He was all for it at the time (maybe it was the beer talking!!)
I messaged him as promised and got back a ‘sorry not through that website, not tax deductible’.
So, as a mere mortal and PAYE bloke all my days. Are there specific restrictions on companies donating to charities? Any other way I can take a donation that is tax deductible?
Thought this might be a good place to solve a little thing that’s been bugging me.
I’m currently running a GoFundMe to try to raise funds to buy a cheap car for the Ukrainian family that’s living with me at the moment. This should improve mums employment opportunities and help her to get a better job and perhaps her own place etc etc
I did have a promise from an acquaintance (a mate of a mate of a mate) to give me a sizeable donation via his ltd company. A verbal thing said down the pub. I agreed to send him the link and go from there. He was all for it at the time (maybe it was the beer talking!!)
I messaged him as promised and got back a ‘sorry not through that website, not tax deductible’.
So, as a mere mortal and PAYE bloke all my days. Are there specific restrictions on companies donating to charities? Any other way I can take a donation that is tax deductible?
IIRC, any corporate donation must be made to a registered charity for any tax benefit to be applied.
So in your case, this wouldn't apply.
You could look for local registered charities that are active in supporting Ukrainians here; church-based organisations and the like, and ask if the company can pay them and the charity then pays that money on to the beneficiary - but I would imagine that you'd need to allow them to disperse some of that money to others as well.
So in your case, this wouldn't apply.
You could look for local registered charities that are active in supporting Ukrainians here; church-based organisations and the like, and ask if the company can pay them and the charity then pays that money on to the beneficiary - but I would imagine that you'd need to allow them to disperse some of that money to others as well.
eltax91 said:
Hello all
Thought this might be a good place to solve a little thing that’s been bugging me.
I’m currently running a GoFundMe to try to raise funds to buy a cheap car for the Ukrainian family that’s living with me at the moment. This should improve mums employment opportunities and help her to get a better job and perhaps her own place etc etc
I did have a promise from an acquaintance (a mate of a mate of a mate) to give me a sizeable donation via his ltd company. A verbal thing said down the pub. I agreed to send him the link and go from there. He was all for it at the time (maybe it was the beer talking!!)
I messaged him as promised and got back a ‘sorry not through that website, not tax deductible’.
So, as a mere mortal and PAYE bloke all my days. Are there specific restrictions on companies donating to charities? Any other way I can take a donation that is tax deductible?
In a similar position. Go Fund Me isnt a registered charity so a donation to it from a business isnt a 'write -offable' option. I would presume your acquaintance wanted to make a business payment to be able to off set tax rather than a personal one.Thought this might be a good place to solve a little thing that’s been bugging me.
I’m currently running a GoFundMe to try to raise funds to buy a cheap car for the Ukrainian family that’s living with me at the moment. This should improve mums employment opportunities and help her to get a better job and perhaps her own place etc etc
I did have a promise from an acquaintance (a mate of a mate of a mate) to give me a sizeable donation via his ltd company. A verbal thing said down the pub. I agreed to send him the link and go from there. He was all for it at the time (maybe it was the beer talking!!)
I messaged him as promised and got back a ‘sorry not through that website, not tax deductible’.
So, as a mere mortal and PAYE bloke all my days. Are there specific restrictions on companies donating to charities? Any other way I can take a donation that is tax deductible?
I wanted to pay an amount into a Go Fund Me page for a staff member trying to get her premature baby back from Turkey. Only option is a personal donation. To pay a large amount would have to be a dividend to me (taxed on it personnally) rather than from my business...
Is there not a registered local charity that could fund the car for her with payments direct to them. Seems lots of local ones helping Ukrainian refugees here in the UK.
BTW...thank you for supporting them and giving them somewhere to live..
Thanks for the advice. Seems like I need to get him to donate personally, which is fine, even at a lower rate. Probably won’t get as much as I would have otherwise but every little helps. 
If only the over zealous mods on here wouldn’t delete my posts/ threads then I might not even need it.
If only the over zealous mods on here wouldn’t delete my posts/ threads then I might not even need it.
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