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Congratulations on incorporating your company and embarking on your first year of trading as a limited company. It's commendable that you are planning to donate a percentage of your profits to charitable organizations such as SSAFA, the British Legion, and other local charities at the end of your first tax year. Your commitment to supporting these causes reflects a strong sense of corporate social responsibility and community engagement. Such initiatives not only contribute to the well-being of the community but can also enhance your company's reputation. If you have any specific questions or need assistance in navigating the process of charitable donations or tax implications, it's advisable to consult with a financial or tax professional for tailored advice.

07877 960 921
0191 489 8217

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  • 24 February 2024 02:35 local time

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