Topic results Charities

CCH Personal Tax
Nominate a Charity
This document provides instructions for nominating a charity to receive payment from a repayment process. Users can choose to donate either the full amount or a part of it, with specific guidelines on what to enter, such as the donation amount, charity code, and Gift Aid options. It also discusses the option for donor anonymity regarding the client's name and address provided to the charity. Key points emphasize proper selection and entry to ensure accurate processing of donations.
More information
CCH Personal Tax
Qualifying Investments
This document outlines the process for claiming tax relief for gifts of qualifying investments, specifically shares and real property, made to UK charities. It details the steps to record these transactions, including selecting the investment type, entering the charity's name, and specifying the market value of the gift. It highlights the requirement to account for incidental disposal costs and any benefits received from the transaction, and concludes with instructions to save the entries. The relief is in addition to capital gains tax exemption on such donations.
More information
CCH Personal Tax
Gift Aid Payments
This document provides step-by-step instructions on how to add Gift Aid and Deed of Covenant payments. For Gift Aid, users are guided to input the charity name, net amount, and optional details about one-off payments and amounts carried or brought back for tax relief. For Deed of Covenant payments, the process also includes entering the charity name, net amount, and the date of the covenant. These procedures ensure proper tax relief claims for charitable donations.
More information