Partnership charitable donations
The current rules in relation to partnership charitable contributions are that one partner can make a gift aid declaration on behalf of all of the partners provided they have authority to do so under the partnership agreement or some equivalent document. However, from 6 April 2016 it will be necessary for each partner in the business partnership to make their own gift aid declaration to reflect the correct legal position. Another administrative change to consider in the next tax year.
Date: 4th January, 2016
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