fund raising
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Melanie
Registered Posts: 2 New contributor 🐸
My nephew was seriously injured abroad with no insurance, the family have sent over their savings but the costs are mounting up fast. The local TV, radio and press have covered the story and donations are coming in so we have set up a bank account and website with paypal if people want to donate.
Does anyone know the tax implications (personal or other) of accepting these donations (ranging from £2-£200 each).
No one wants to get an unexpected tax bill for helping someone in need.
Many thanks
Does anyone know the tax implications (personal or other) of accepting these donations (ranging from £2-£200 each).
No one wants to get an unexpected tax bill for helping someone in need.
Many thanks
0
Comments
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Would these not come under the guise of gifts and therefore have no liability to tax?0
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