Purchases at Charity Auctions
Grange Associates Ltd - 20 January 2012
Sometimes we buy collectables and such at charity events through
auction. The question arises, have you made a donation or a purchase?
For there to have been a donation a gift of money needs to have been
made voluntarily to the charity without any identifiable direct benefit accruing to you.
Here the item you purchased is a direct benefit, irrespective of how
much more than its true value you actually paid, and consequently your payment is not a donation.
All information is correct at the date of article
publication. Please note we provide the information as a service only. Accordingly, the contents are
not intended as a substitute for specific professional advice and should not be relied upon for that
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