Annonymous
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RE: Does fundraising for a good cause abroad affect my tax return?
Could you please respond? Thank you -
Does fundraising for a good cause abroad affect my tax return?
Hi, I am planning a fundraiser via Gofundme to help victims of the recent floods in Europe, however Gofundme does not support accounts from the country I want to help, and so I would have to provide a UK account, which would be mine but a separate one, set up at the bank just for this cause. After the fundraiser is closed, all the money received would be transferred to those in need. I would like to ask if this would in any way impact my tax return as it's not an income but donations that are meant for recipients abroad? Thanks!