Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department has considered tax breaks for companies that donate humanitarian products to Ukraine.

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 obtain tax relief for donations of trading stock of medical supplies and/or medical equipment for humanitarian purposes. This could include eligible donations made to support Ukraine.

We sincerely appreciate the dedication and effort UK businesses are demonstrating in their support for Ukraine. The UK is at the forefront to providing military, financial and humanitarian support to Ukraine for as long as it takes. The UK has committed £12.8bn in military, humanitarian and economic support to Ukraine since February 2022. The UK will continue to honour the PM’s commitment on 10 July which provides Ukraine with £3bn of military support p.a. until 2030/31 or for as long as needed. Support from UK businesses to Ukraine is invaluable, and we are committed to strengthening these ties to help in securing a lasting peace for Ukraine.