Expert Content
Disposal and recycling
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Tax advantages, regulatory changes, proper disposal and recycling processes and sector analyses — expert content that supports your corporate decisions.
Tax & Finance
Can the Cost of Lost Goods Be Expensed?
How are the cost of lost goods and the corrected VAT treated for income and corporate tax? A summary table by cause of loss, covering theft and insurance indemnity.
Cosmetics
Expired Cosmetics Disposal: How to Destroy Products Past Their Expiry Date Safely
Throwing expired cosmetics in the trash is risky. The minimum durability date, waste rules, the tax side, and a five-step disposal process.
Tax & Finance
Goods Lost in Earthquake, Flood, and Fire: The Limits of the VAT Exception
No VAT correction is needed for goods lost in an earthquake, a flood, or a declared fire. But an ordinary fire does not qualify, and fixed assets follow a different rule in practice.
Medical Devices
Medical Device Recall (FSCA) and Disposal of Field Stock
How a medical device recall differs from an FSCA, the duties of the manufacturer, importer, and distributor, the reporting deadlines, and the disposal steps.
Textiles
What Happens to Unsold Clothes? Disposal, Recycling, and Donation for Surplus Textiles
Unsold clothes go to discounted sale, donation, recycling, or documented disposal. We explain which route fits which stock, the brand risk, and the waste rules.
Tax & Finance
What Happens to VAT When the Normal Wastage Rate Is Exceeded?
Loss within the normal wastage rate is not lost goods, so the VAT deduction stays in place. If the rate is exceeded, you correct only the excess. Example calculation and document checklist.
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