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CHARLES PASCOE explains some of the rather more intricate tax issues involved with charity fundraising dinners
KEY POINTS
- HMRC discourage free tickets in return for donations or advertising.
- Participation in a lottery is never charitable expenditure.
- Problems of donations by connected persons for sponsored walks etc.
- Gift aid not normally due on street collections.
The main principles in ensuring that a charitable dinner is run in the most tax efficient manner were dealt with in the first part of this article 'Gala dinner for 1 200? £25 million' (see Related Links). However the tax position can become more complicated particularly in the situation which has become very common of free tickets being provided.
Free tickets
The examples below set out the potential tax ramifications where free tickets are given in return for donations or advertising.
As part of the extensive work that we conducted with HMRC on these matters ...
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