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    Corporation tax - Chargeable profits - Expenses - Specific items - Other expenses - Donations - 3810

    Political donations are not generally deductible as a trading expense unless the payments are made solely to preserve the trade. Charitable donations (or donations to registered community amateur sports...

    Corporation tax - Special situations - Companies with investment business - Management expenses - Disallowable expenses - 16165

    Any expenses which are deductible under any other provision (for example, expenses deductible in computing profits from land and property) are not allowable as management expenses. In addition,...

    An exemption for your charity clients?

    An exemption for your charity clients?..Trading. Your charity clients are able to trade on a commercial basis in order to raise funds. There are restrictions on exactly what can be undertaken...