Employee volunteering
Employee volunteering is a great way of team building and we can always use help! For example - painting and decorating, gardening, cleaning, the list is endless. Your team will be guaranteed a warm welcome with lots of thanks along the way!
If employees volunteer during working hours then businesses can claim a business deduction as if the staff were working during that time. All businesses need to do is treat the costs incurred to the business as a result of employee volunteering (e.g. the employee's salary) as a business expense when calculating its profit for corporation tax purposes.
Please click here to download HM Treasury's guide to tax incentives for corporate giving.