How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask bigduckontax Your Own Question
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 6950
Type Your Tax Question Here...
bigduckontax is online now

I represent a UK charity, we are trying source £2m from a

This answer was rated:

Hi I represent a UK charity, we are trying source £2m from a company that wants to offset this against tax - is this viable, and how long could it make for the charity to get the money, should a suitable donor be found?
JA: Where are you? It matters because laws vary by location.
Customer: london
JA: What steps have you taken so far?
Customer: reached out to various auditors of potential donors that pay large sums in tax to HMRC i have requested their auditors to place my request before their clients to consider offsetting some of this amount to the charity for the tax deduction
JA: Anything else you want the lawyer to know before I connect you?
Customer: also do probate laws sometimes choose a charity if a client has left cash in their will for a charity? that's my questions

Hello, I am one of the experts on Just Answer and pleased to be able to help you with your question.

A company may make charitable donations, assuming its Articles so permit, and these are allowable against its Corporation Tax (CT) liability in the year of donation.

The concept of a charity being chosen by other than the deceased in his testamentary writings is, in general terms, not permitted although it sometimes has to be done where say a charity has ceased to exist. .

bigduckontax and other Tax Specialists are ready to help you
Customer: replied 3 months ago.
Thank you the answer - makes sense

Delighted to have been of assistance.

Thank you for your support.