Bartercard has many charity members who all love getting donations http://belmontmail.co.uk/ZFF-YPOC-E24SJ4HO59/cr.aspx
But often charities and those making donation fail to claim the cash back relating to the donations, for example:
Gift Aid
25% tax refunds in cash http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingMoney/GivingMoneyToCharity/DG_10015097
This means that for every £1 donated, you can claim an extra 25 pence.
Individual Tax Relief
If you pay higher rate tax and make a donation through Gift Aid you can claim some tax back too.
Corporation Tax Relief
When your company makes a qualifying donation to a charity the amount paid is treated as a ‘non-trade charge’ – this means your company can make a claim in its Company Tax Return to set the amount of the donation against its taxable profits.
steve@bicknells.net
Well done, Steve, a really excellent article and beautifully succinct. That’s something we’ve never even thought of – it’s the kind of thing the Bartercard really should promote. Well done indeed