Commerce sector companies have to pay value added tax when donating clothes and shoes which makes donating difficult and expensive. For businesses donating unusable stock to those in need is the best solution both from the environmental and social responsibility perspective when a company wants to give away products in good condition. Donating should be as easy and simple as possible and it should not be further complicated with legislation.
Month: March 2020
Companies in the commerce sector are facing challenges with the availability of labour. The phenomenon is becoming evident in the service sector in general. Commerce could be enabled to employ even more, for example, by improving the language skills of foreign born labour as well as by targeting training compensation and salary subsidies better.
Corporate Responsibility Network FIBS and the Finnish Commerce Federation will start a new type of industry cooperation. The goal is to accelerate corporate responsibility and sustainable business practices in the commerce sector. The industry cooperation model is a first for FIBS and is a part of the networks’ 20-year jubilee. For the member companies of the Finnish Commerce Federation the partnership opens new channels to information regarding corporate responsibility and learning together.
The Finnish Commerce Federation and Service Union United PAM demand that the Government quickly provides information about the direct support measures which the State is prepared to take to avoid a wave of bankruptcies in the specialty goods trade. More extensive social responsibility and clear support measures are also expected of lessors. The situation is alarming in many specialty goods trade businesses: sales have plummeted by 80–90 per cent within only a few weeks.