UK HM Treasury has announced that a consultation on VAT relief for charitable donations will be launched by 23 July 2024.
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Boost to everyday charitable donations through new VAT relief
Consultation on VAT relief on everyday charitable donations will be launched before 23 July 2024.
- New VAT relief to encourage businesses to donate everyday items to charity will be consulted on
- Currently firms do not pay VAT if goods are sold on, however, if distributed free of charge VAT must be accou…