Dublin MEP Frances Fitzgerald has called for the removal of VAT on all bona fide donations of unsold products from businesses to recognised charities.
Fitzgerald highlighted this issue in a letter to the Taoiseach Leo Varadkar, along with the benefits for sustainability and the green economy.
“Every day, businesses in Europe are sending millions of unsold or returned products to be destroyed each year, while a large proportion of these products are in perfect condition to be donated to charities,” she said.
“Charging VAT on these charitable donations means that the cost of donating increases and the incentives to support valuable causes are reduced.
Source: dublinpeople.com
Latest Posts in "Ireland"
- Ireland Reconfirms Phased B2B E-Invoicing and Real-Time Reporting Timeline
- Customs Manual Updated for Centralised Clearance at Export in Ireland
- Ireland’s VAT Modernisation: Mandatory E-Invoicing and Real-Time Reporting by 2030
- Ireland Announces Phased VAT Modernisation and Mandatory E-Invoicing Timeline
- Ireland Phases In Mandatory B2B E-Invoicing and Real-Time VAT Reporting by 2030
