CIC Association

Serving Community Enterprise

Would a private company or individual be able to donate land to a CIC and gain any kind of tax advantage? 

Also, how would that affect the CIC? Would we have to pay tax on the value of the land?

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Replies to This Discussion

A company could claim that as a deduction from taxable profit.
An individual would struggle to get a deduction, it would only be possible if the land was to be sold and turned into cash in which case Gift Aid is theoretically possible.

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