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Are Donations to Political Parties taxable?
Govermental Tax rules are confusing at the best of times as they always seem to be able to apply a stealth tax on something ie Inheritances for instance, and I was wondering if the same rules apply to donations to political parties, or are they classed as tax excempt due to them being donated to a political party.
1 Answer
- fengirl2Lv 71 decade agoFavorite Answer
Donations to political parties do not attract tax relief. They can hardly be taxable on the donor, can they?
Source(s): ex Inspector of Taxes