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Check the Tax Rules Before Waiving Your Salary or Donating to Charity

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Check the Tax Rules Before Waiving Your Salary or Donating to Charity HMRC is keen to support people who choose to waive – or give up – part of their income, particularly when it comes to understanding any tax implications. Check the tax rules on waiving your income or donating to charity HMRC advice for people choosing to give up their income to support their business or donate to charity during the coronavirus (COVID-19) pandemic. Published 19 May 2020 From: HM Revenue & Customs During the COVID-19 pandemic, many people are choosing to give up part of their income to support

The post Check the Tax Rules Before Waiving Your Salary or Donating to Charity appeared first on Government Online.


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