BIM45185 - Specific deductions: gifts in kind and payroll giving: relief for gifts of medical supplies and equipment by companies - definitions

S107 Corporation Tax Act 2009

A wide definition should be applied to 'medical supplies' and 'medical equipment'

Companies are able to obtain tax relief for donations of trading stock of medical supplies and/or medical equipment for humanitarian purposes (see BIM45190). No amount is brought into account in calculating the trading profits in relation to the stock given away (see BIM45180).

The term 바카라 사이트™medical supplies and medical equipment바카라 사이트™ should be interpreted broadly. All medicines or vaccines for human use are included. 바카라 사이트™Equipment바카라 사이트™ includes:

  • equipment required for the delivery and administration of medicines (e.g. syringes),
  • other equipment appropriate to the situation such as bandages and medical appliances, and
  • preventative equipment such as mosquito nets.