- The Autumn Budget 2025 introduces VAT relief for goods donated to charities for distribution or use in their services.
- The policy aims to encourage charitable giving by making donations more cost-effective for businesses.
- The Office for Budget Responsibility estimates businesses will save £10 million annually in VAT.
- From 1 April 2026, goods donated free of charge to charities will be zero-rated for VAT, removing the previous VAT liability.
Source: mha.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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