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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Political donations
Hello sir, wanted to clarify; i know that political donations are disallowed trading expense for both companies and individuals.
However for individuals the political donations will be accounted for in Gross gift aid donations and for companies they will be deducted as QCD’s right?
Thank you.
No they won’t – political parties are not charities are they.