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Corporation Tax Relief

Good news! Because The Royal Latin School is a Registered Charity, when your company makes a donation, the donation amount is deducted from your total profits before calculating corporation tax. Therefore, the company receives corporation tax relief on the full donation.

We can simply supply you with a formal confirmation of your gift, which should be retained as evidence of the gift for tax purposes.
 
Please speak to your accountant for further advice, or visit the HMRC guidance via this link: http://www.hmrc.gov.uk/businesses/giving/companies.htm

 

 

 

 

 

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