19 April 2024
What should I consider when donating to charity?
In an article for the Financial Times, partner Jonathan Brinsden answers a reader’s question regarding what to consider when opting to donate part of a monthly salary to a charity.
In his response, Jonathan Brinsden covers the different options available to the reader, both as an individual and a business owner, and the tax implications of each. He states:
‘The first payroll giving – also known as “give as your earn” – which involves donating via a direct deduction from your pay (or pension) to a charity of your choice. The charity must be based in the UK, and recognised by HM Revenue & Customs as bona fide.’
Subscribers can read the full article on the Financial Times website.