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Political donations

This topic has 1 reply, 2 voices, and was last updated 8 months ago by Tax Tutor.

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June 3, 2022 at 9:50 pm #657290
SukainaKamar
Participant
- Topics: 20
- Replies: 20
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.
June 4, 2022 at 2:27 pm #657354
Tax Tutor
Member
- Topics: 2
- Replies: 3965
No they won’t – political parties are not charities are they.
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