A Guide for Giving for Business

This guide is an update to ‘Tax incentives for Corporate Giving’ published in 2005. The guidance
has now been changed to represent legislative changes made since then.

A range of tax incentives already exists for corporate community involvement and some businesses set up charitable trusts or foundations (charities that receive money from the business and its employees through tax-efficient giving methods). But evidence suggests many of the tax incentives are very often underused and poorly understood. This Guide aims to provide you with an overview of the range of tax incentives available for corporate community
involvement. It is aimed primarily at the business community – those who are motivated to begin community involvement programmes, as well as those with more developed programmes who want to expand their activities.

It will also be of interest to fundraising organisations and charities themselves, as they seek to develop stronger partnerships with the business sector.

The Guide is not intended to be an exhaustive explanation of each tax incentive – such information is available elsewhere and pointers are listed throughout the Guide. The form of tax incentive available, and the way relief is claimed, in some cases depends on whether your business is a limited company, a partnership or you are self-employed. Where this is the case, it is highlighted in the Guide, but if you are unsure you should contact HMRC Charities on 0845 302 0203 (8am to 5pm Monday to Friday) or consult the guidance for charities at www.hmrc.gov.uk/charities/index.htm

The accompanying document to this guide is an update to ‘A Generous Society’ also published in 2005. ‘A Generous Society’ sets out the progress which has been made in encouraging philanthropy.

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