Is this a Qualifying charitable donation?

Didn't find your answer?

I work for a tennis club and we have given court time for free to charities- we would normally charge a fee for this time.

Can this be considered a qualifying charitable donation? I can only see guidance on donation of physical equipment and staff time on HMRC website.

 

Thanks,

Replies (6)

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DougScott
By Dougscott
16th May 2024 16:15

I say no because there is no cash paid to the charities so nothing to claim against corporation tax. You have also saved tax by having reduced income.

If I'm wrong I'm sure someone will correct me.

Thanks (2)
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By Paul Crowley
16th May 2024 17:38

What would be the credit on that journal?
I am only joking, you never respond to any comment.

Thanks (3)
Replying to Paul Crowley:
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By David Ex
16th May 2024 18:57

Paul Crowley wrote:

I am only joking, you never respond to any comment.

Call me old fashioned but that’s one (sadly regular) feature here that really does my nut!

Thanks (1)
Replying to Paul Crowley:
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By FactChecker
16th May 2024 19:23

Why did you expect otherwise ...
... acluna is an anagram of lacuna: "a blank space or a missing part"!

[So my answer to OP is written in invisible ink on the next few lines ...
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]

Thanks (4)
Replying to FactChecker:
DougScott
By Dougscott
16th May 2024 23:40

And I thought we had to be polite on this forum....

Thanks (1)
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By aidious
17th May 2024 16:12

No, it's not. Presumably you're thinking about whether you can have a CT deduction for the amount of revenue lost but you've already had tax relief for that by virtue of the fact you didn't receive the revenue in the first place, so you haven't been taxed on it.

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