Can you get tax relief on time/work donated to charities?

Alisha
Alisha Registered, AATQB Posts: 7
Morning. I have a client who is a tradesman. He donated his time and some materials to a charity and has been told he can claim tax relief on this? I can't find anything to corroborate this but does anyone know if this is correct? He's a sole trader and I believe it was a sort of diy sos thing?

Comments

  • Monsoon
    Monsoon FMAAT, AAT Licensed Accountant Posts: 4,071 ? ? ?
    If he received no money for his time, he can't claim anything for it.
    Materials? See the normal rules on charitable donations for a sole trader.
  • MarieNoelle
    MarieNoelle Moderator, MAAT, AAT Licensed Accountant Posts: 1,369
    Hi @Alisha
    Have a look at the Business Income Manual here , especially the W+E test and here (gift of trading stock).

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