Related Commentary  Related HMRC Manuals

108(1)  This section applies if a person carrying on a trade (“the donor”) gives an article for the purposes of–

(a)a charity, a registered club or a body listed in subsection (4), or

(b)a designated educational establishment (see section 110),

and the article is one manufactured, or of a class or description sold, by the donor in the course of the trade.

108(2)  In calculating the profits of the trade, no amount is required to be brought into account as a receipt in consequence of the disposal of the article.

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