Many of our accountancy clients are involved in charitable activities, so we thought today that we’d tell you about a member of our own team who is passionate about a local project. Heather, our friendly credit controller, is the voluntary manager for a new charity based in Loughton. Foodbank is part of The Trussell Trust , tackling poverty in the UK. It has two main aims: to help members of the community who find themselves in real crisis, and to help prevent hidden hunger. In times of need, the charity provides three days’ worth of emergency food.
Loughton’s Foodbank will launch in June, and Heather says, “No one should be skipping meals or going hungry.” While the charity is setting up, they’re keen to receive practical donations, such as large industrial scales, shelving racks, filing cabinets, marketing materials and, of course, non-perishable food.
Your business can get tax relief if it makes a gift of equipment or trading stock to a charity. You can reduce your taxable profits by the cost of the gift made, so you’ll pay less tax. You can also get tax relief for the costs of temporarily allowing an employee to work for Foodbank, if they’d like to give Heather a hand setting up.
If you would like to know more about Foodbank, please call Heather on 0208 530 0720 or email Heather@nordens.co.uk.
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