Humanitarian Aid: Ukraine
Commons · Question 35393 · Tabled 4 Mar 2025 · Treasury · Official record
Answered 12 Mar 2025
Question
Asked by Steve Darling
To ask the Chancellor of the Exchequer, whether her Department has considered tax breaks for companies that donate humanitarian products to Ukraine.
Answer
Answered by Emma Reynolds, 12 Mar 2025
The Corporation Tax regime includes provisions that allow the deduction of qualifying charitable donations from a company’s total taxable profits for the accounting period in which they are paid. Following certain conditions, companies are also able to ob...