- From April 1, 2026, businesses will no longer pay VAT on goods donated to charity.
- The new legislation aims to reduce waste and costs for businesses, making it easier to donate surplus or imperfect products.
- Charities like Beauty Banks, The Hygiene Bank, and In Kind Direct will benefit from increased supply and simplified logistics.
- The initiative supports sustainability in the beauty industry by encouraging donations instead of landfill disposal.
- The Sustainable Beauty Coalition is promoting this strategy as part of the Great British Beauty Clean Up campaign.
Source: britishbeautycouncil.com
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.
Latest Posts in "United Kingdom"
- Economic Reality Prevails Over Contractual Form in VAT Dispute with HMRC
- HMRC Policy paper Revenue and Customs Brief 1 (2026): Removal of linked goods concession
- UK Reduces Late Payment and Repayment Interest Rates
- Care Home Carers Not Registered: VAT Exemption Denied for Truth Recruitment Ltd, Appeal Dismissed
- Supreme Court Rules Against VAT Recovery on Hotel La Tour’s Fundraising Share Sale Costs
