Krishan Swali BA FCCA’s Post

❓️FAQ FRIDAY❓️⁠ How do I record donations to charity in my self assessment tax return? 🪙⁠ ⁠ Have you made charitable donations in the last tax year? If so, you might be able to claim tax relief on these donations through your self assessment tax return.⁠ ⁠ We've written a full-length FAQ on our website with all the information about gift aid, where to add them, and what information is needed. https://lnkd.in/eAuTX2Cr #taxrelief #charitydonation #taxreturn

It's Giving Tuesday, which means it's the perfect time of year to acknowledge those you appreciate, which include causes and organizations as well. Charitable giving is a very common and encouraged practice in estate planning. We help our clients make decisions about which organizations to donate to, as well as how much to donate. We work closely with financial advisors and tax professionals to ensure our clients are set up in the most advantageous way possible. #estateplan #charitablegiving #charity #taxplanning #taxes #estateplanning #estateplanningattorney #values #finances #personalfinances #planningahead #giveback #givingback #givingtuesday

Tis the season of giving and tax benefits! Discover how your charitable donations can make a difference and put some extra jingle in your pocket. Check out these 7 smart strategies for maximizing your tax benefits while making a difference this holiday season! #CharitableGiving #TaxBenefits #SpreadTheJoy

Did you know that there are tax benefits to making charitable donations under the Gift Aid regime for higher or additional rate taxpayers? Find out more: https://loom.ly/OIoGbhs #TaxBenefits #CharitableGiving #TaxRelief #UKTaxes

Donating to charity through an IRA is a smart way to support a cause while also being mindful of taxes. However, navigating the tax laws related to charitable giving and IRAs can be complicated. Billy Muhizi, CFP® writes about giving to charities from your IRA on our website. >> https://hubs.la/Q02tFRy30 #IRA #charitabledonation #charitablecontribution #taxstrategy #wealthmanagement

Charitable contributions can be tax deductible, and you don’t have to give cash. Donations of clothes, food, or household items, for example, can lower your tax bill. #TruCourseAdvisors #wealthmanagement #charitablecontributions #donations

We know that when you give to charity, it’s to help others. 🤝 But there’s no harm in making sure you get your tax deduction! ⏳  Time is running out to make charitable donations that will be deductible on your 2023 taxes - those gifts need to be made by December 31. ⏰ So if you’re still planning on giving, there’s no time like the present. ✅ #charitabledonation #holidaygiving #financialknowledge #financialguide

Charitable contributions can be tax deductible, and you don’t have to give cash. Donations of clothes, food, or household items, for example, can lower your tax bill. To learn more, visit whitlockwealth.com for our insights, resources, and our contact information. #WhitlockWealth #charity #mindset

Planning to claim deductions for donating valuable items to charity on your tax return? Don't forget, you might need an appraisal! The IRS has guidelines for donors and charities to substantiate charitable contributions for tax deductions. Stay informed and ensure your contributions are properly documented! #TaxTips #CharityDonations #IRSRequirements #AlegriaAdvisors

Maximize your charitable giving this Thanksgiving season! Donations to IRS-approved charities may qualify as tax deductions. Consider giving to food banks, shelters, or other organizations, and remember to KEEP THOSE RECEIPTS for tax purposes. Giving back can bring both gratitude and tax benefits this holiday season. #taxtips #taxdeductions #smallbusinesstaxes #smallbusinessaccounting