Tax rules on donations a deterrent to gifting: EY partner
Misunderstanding about when tax credits for donations can be claimed is rife, EY partner Darren White says. With special audio feature.
Jenny Ruth
Tue, 02 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The rules governing when a tax credit can be claimed for charitable donations are acting as a deterrent to donations, an EY partner says.
And many people think they’ve giving donations but tax law doesn’t recognise their payments as being gifts.
For example:
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you paid way over the odds for
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Jenny Ruth
Tue, 02 Feb 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.