We have already mentioned the primary benefit of a company account of being able to take money out of the company at short notice but then have the luxury of deciding at a later date how/when to allocate it to specific charities.

Employees of your company could also benefit from our GAYE scheme. GAYE is a much used facility whereby a member’s charitable donation to AAC is paid by their employer directly and before deduction of tax. It means that the total fund for disposal is available much sooner with less complication all round. It is especially beneficial for higher rate tax payers.

As always, we recommend that you discuss these issues with your auditors and financial advisors.