Earlier this month, the chancellor said he wanted to ‘encourage people who
are in a position to do so to donate more to the public good’, and advisers
believe reclassifying sponsorship rules for charities is an obvious reform to
‘A contribution made to a charity in return for a company’s name being
associated with the charity is treated as sponsorship and taxed as services
This sponsorship could be treated as a tax-free donation instead,’ said Pesh
Framjee, head of Deloitte’s not-for-profit unit.
Any moves to encourage philanthropy will be welcomed by organisations such as
the UN, which has had to curtail food aid because of rising food prices.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed