this post was submitted on 30 Jul 2026
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[–] Zorcron@lemmy.zip 5 points 4 weeks ago (7 children)

I can’t find any evidence for this being true in any country that speaks English as their primary language. Do you have evidence to the contrary?

[–] Brewchin@lemmy.world -5 points 4 weeks ago (6 children)

Picking the UK at random, this took 10 seconds to find so I doubt you tried to find anything:

Your limited company pays less Corporation Tax when it gives the following to charity:

  • money
  • equipment or trading stock (items it makes or sells)
  • land, property or shares in another company (shares in your own company do not qualify)
  • employees (on secondment)
  • sponsorship payments

You can claim tax relief by deducting the value of your donations from your total business profits before you pay tax.

It also allows the company to play PR games with how much "they" give to charity.

[–] webadict@lemmy.world 6 points 4 weeks ago (2 children)

... But they would be donating the value of the money you gave them. So that money shouldn't be profit, and this would be zeroed out. They did not gain invisible donation money.

Congratulations on being wrong in ten seconds.

[–] Brewchin@lemmy.world 0 points 4 weeks ago (1 children)

You're extraordinarily angry in both your comments to me. It baffles me as to why.

Perhaps take a moment to read the things I've said and the things you're assuming I meant, and then compare the two.

It's possible for companies to give money to charity (nobody has suggested otherwise) and gain significant benefit for themselves in doing so. Both parties win, and done within local laws.

Still worth knowing. Which is why your verbose rant is baffling.

[–] webadict@lemmy.world 0 points 3 weeks ago

The only thing the company does is put their name on it. They do not write it off their taxes because they can't. That's a stupid myth that stupid people stupidly spout and then gets spouted again, and I have to spend time explaining why it's stupid.

Also, if you're offended by my tone, I dunno, go outside for a bit. Sorry it fucking bugs you. People die every day, and I'm supposed to be happy or something? Fuck on outta here!

Like, if you want to claim stupid tax write offs, buy art, let it "increase in value", and donate it! Way easier, way more legal, way seedier. There, you got your tax scam. But call it right.

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