UK companies can also claim tax relief on donations when calculating their profits for assessment of Corporation tax.

To give through Gift Aid, a company simply gives the money to charity.  The company does not deduct any tax from the donation and does not need to make a Gift Aid declaration to the charity.  Tax relief is given by deducting the amount of the donation from profits prior to calculating corporation tax.    For further details about the effect of a donation on corporation tax liability, contact your company’s tax office.

For partners or the self-employed, details of the gift should be entered on your Income Tax Self Assessment return for the tax year in which the gift was made.