- The ATT supports the proposed VAT relief for business donations of goods to charity.
- Current VAT rules can hinder donations; a well-designed relief could promote circular economy goals.
- Care is needed to prevent the relief from being used to offload waste onto charities.
- The ATT opposes monetary thresholds or eligibility criteria based on specific goods types.
Source: taxjournal.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.
