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Forums › ACCA Forums › ACCA TX Taxation Forums › Donations

  • This topic has 2 replies, 2 voices, and was last updated 10 years ago by Sharfin.
Viewing 3 posts - 1 through 3 (of 3 total)
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    Posts
  • November 21, 2014 at 9:34 am #211813
    Sharfin
    Member
    • Topics: 11
    • Replies: 17
    • ☆

    What is the treatment of donations in calculating tax liabilty and tax adjusted trading profits that were NOT MADE under gift relief….?

    November 21, 2014 at 10:29 am #211825
    Pooja
    Participant
    • Topics: 3
    • Replies: 19
    • ☆

    No adjustment in income tax computation. No relief available for such charity or donation.

    Charity or donation to local charity which is small is a allowable deduction while calculating tax adjusted trading profit..

    Tc

    November 21, 2014 at 10:33 am #211827
    Sharfin
    Member
    • Topics: 11
    • Replies: 17
    • ☆

    THANK YOU POOJA 🙂

  • Author
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