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PREJUDGE REPORT: REVIEW OF CHARITY TAXATION Sarah Annette INSTITUTE FOR FISCAL STUDIES Briefing Note No. 2Published by The Institute for Fiscal Studies 7 Dismount Street London WC1E 7AE Tel 020 7291

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How to fill out pre-budget report

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Start by gathering all the necessary financial information such as income, expenses, and investments.

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Create a clear and organized format for the pre-budget report, including sections for income, expenses, and savings.

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Begin the report by detailing the sources of income, such as salary, business profits, or rental income.

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List all the expenses, including fixed expenses like rent, utilities, and loan repayments, as well as variable expenses like groceries and entertainment.

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Include any savings or investment contributions made during the reporting period.

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Calculate the net income by subtracting the total expenses from the total income.

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Provide a summary of the budget and highlight any significant findings or deviations from the desired financial goals.

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Review the report for accuracy and completeness before finalizing it.

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Submit the pre-budget report to the appropriate financial institution or authority as per their guidelines.

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Keep a copy of the report for future reference and comparison with future budget reports.

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What is pre-budget report?

The pre-budget report is a document that outlines the financial forecast and proposed budget for the upcoming fiscal year.

Who is required to file pre-budget report?

Government agencies, organizations, and businesses are required to file a pre-budget report.

How to fill out pre-budget report?

To fill out a pre-budget report, gather financial data, projections, and proposed budget figures, and submit them according to the guidelines set by the relevant authorities.

What is the purpose of pre-budget report?

The purpose of a pre-budget report is to provide transparency and accountability in financial planning and decision-making.

What information must be reported on pre-budget report?

The pre-budget report must include financial projections, proposed budget figures, assumptions, and any other relevant financial information.

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