Story
Wales & West Housing is 60 this year and as part of our celebrations our staff are taking on the challenge of entering a Team for the Cardiff Half Marathon Business Challenge
We're doing this for many reasons. First to raise money for our adopted charities Motor Neurone Disease Association (MND Association), Cerebral Palsy Cymru, Parkinson’s UK Cymru and Cymru Versus Arthritis.
Second to get the competitive juices flowing. We've entered a team of 27 runners of all abilities. The average times of the fastest 5 of the team will compete in the Business Challenge race against other organisations and companies. We have our work cut out. We'll need an average time of 1 hr 30 minutes to challenge for the title. The team are deep into their programs for the October race.
Thirdly. To promote the benefits healthy living and improving fitness within the organisation. Many coming back to running after many years off in order to prepare for the race.
Thank you for supporting our organisation as we raise vital funds for our adopted charities during our 60th anniversary year.
Is your donation eligible for Gift Aid?
Companies do benefit from making charitable donations—but not through Gift Aid in the same way individuals do. Here’s how it works for companies in the UK:
🏢 Corporate Donations & Tax Relief
• When a limited company donates to a registered charity, it can claim tax relief by deducting the donation from its pre-tax profits.
• This reduces the company’s Corporation Tax bill, making it financially beneficial while supporting a good cause.
• This system is often referred to as Corporate Gift Aid, but technically, charities do not reclaim tax from HMRC on company donations like they do with individual Gift Aid.
✅ What Companies Should Do
• Simply record the donation in your Corporation Tax Self-Assessment.
• The donation must be made wholly and exclusively for charitable purposes.
• It must not result in a taxable loss—the deduction can only reduce profits to zero, not below.
🚫 What Doesn’t Apply
• Companies cannot use Gift Aid declarations like individuals.
• They don’t need to fill out Gift Aid forms, and charities don’t reclaim tax on their behalf.
