Tax Relief For Donating Free Use Of A Property
A director wants to give free use of a property, the freehold of which his company owns, to a registered charity. He wants to know if his company is entitled to any tax relief.
Special rules What the law says The legislation says that qualifying charitable donations must fall into one of two categories:
Payments which are qualifying payments to charity in the form of “a sum of money”. Or
Transfers to a charity investment owned by the company. Investments that qualify are company shares, unit trusts etc., land and buildings.