S107 Corporation Tax Act 2009

Companies are able to obtain tax relief for donations of trading stock of medical supplies and/or medical equipment for humanitarian purposes. No amount is brought into account in calculating the trading profits in relation to the stock given away (see BIM45180).

The legislation requires not simply that the medical supplies or equipment concerned is given for human use, but in addition that the gift is made ‘for humanitarian purposes’. This further condition reflects the broad intention of the provisions, which is to encourage responsible and appropriate donations.

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