Helen Goodman – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Helen Goodman on 2016-01-18.

To ask Mr Chancellor of the Exchequer, whether donations to the proposed London Garden Bridge by corporate bodies are tax deductible.

Mr David Gauke

The Garden Bridge Trust is a body dedicated to creating the London Garden Bridge and to advancing public education and training in horticulture and arboriculture on the Garden. It is registered as a UK charity.

The UK corporation tax system provides for relief to companies for qualifying donations or payments to charities.

Hence, donations made by corporates to the Garden Bridge Trust will be deductible from their corporation tax liability in the limits set out by legislation.