Have Other Charities Faced Sudden Bank Account Closures? Seeking Advice and Recommendations
Eve Mapanda
Admin, Ops, IT & Finance
Do small charities pay income tax on donations?
Ahmad Waseem Chair of the board of trustee at Friends of Researchers in the Indian Subcontinent Posted 10 months ago
We are collecting donations to create a corpus fund for our charity which is likely to take several years. I am wondering whether we will have to pay income tax on donations. In other words are donations to a charity classed as income for the charity.
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