Richard Curtis explores the ‘pros’ and ‘cons’ of workplace charitable donations.
Generally, the UK tax system looks kindly on charitable giving, and encourages this through various tax reliefs.
The most used is the gift aid scheme, whereby a donation to charity is made from taxed income, so that HMRC will then repay to the charity the tax ‘deducted’. So, a gift of £8 is treated as being a £10 gift from which £2 (i.e., tax at 20%) has been deducted. The charity can then reclaim the £2, receiving £10 in total for an £8 outlay. If the giver is
