The Isle of Man Department of Treasury has announced new VAT relief on charitable donations effective 1 April 2026.
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New VAT relief on some charitable donations
From 1 April 2026, changes to the Value Added Tax Act 1996 mean that VAT-registered businesses will no longer be required to account for VAT when donating certain goods to charities.
Previously, businesses were required to account for VAT when donating business goods to charity where input VAT had originally been recovered on…