Tax Summary - why are Donations added back?

Accounting
1

Hi, I was wondering if anyone knew why Donations [8200] are added back in the Tax Summary. I researched online and it seems that charitable donations by limited companies are tax deductible, see HMRC guidance: https://www.gov.uk/tax-limited-company-gives-to-charity/overview

Can anyone help explain the apparent error?

Many thanks!

Mark

2

You can configure the add-back codes yourself.

Sole traders cannot usually add back donations, I believe that’s why it’s included as a precaution. Limited Companies on the other hand can, although I believe the system only uses one set of defaults for all account types. I’d need to check that.

3

Thanks Glenn. Helpful to know this aspect is set up for sole traders. Just wasn’t sure if I was missing something as regards limited companies.