For
Companies
Companies registered in Ireland can claim a tax deduction
for donations of €250 or more in any one tax year as
if it were a trading expense. For more information refer
to the "Scheme of Tax Relief for Donations of Money
or Designated Securities to Eligible Charities and Other
Approved Bodies, under section 848A, Taxes Consolidation
Act 1997" on the revenue website www.revenue.ie
For PAYE Taxpayers
If a PAYE taxpayer makes a donation of €250 or more
during the tax year the value of the donation to the Asthma
Society of Ireland can be increased dramatically. The Asthma
Society of Ireland can claim an extra 25% of the value of
your donations if you pay income tax at the standard rate
of 20%, while we can claim an extra 69% if you pay tax at
the higher rate of 41%. All of this at no extra
cost to you. Further information refer to form
CHY2 on www.revenue.ie or
e-mail charityclaims@revenue.ie
Self Assessed
Taxpayers
The Asthma Society is not permitted to claim tax relief
on donations from Self Assessed tax-payers. The Asthma
Society will supply Self Assessed tax-payers with an official
receipt for their donation and this receipt should be forwarded
directly to the Revenue Commissioners who will adjust the
individuals tax liability accordingly. The scheme applies
whether you donate by a once off lump sum or by separate
instalments. For more information refer to the "Scheme
of Tax Relief for Donations of Money or Designated Securities
to Eligible Charities and Other Approved Bodies, under
section 848A, Taxes Consolidation Act 1997" on
the revenue website www.revenue.ie or
e-mail charityclaims@revenue.ie
For more information on how your company can support the
Asthma society contact us on 01 8788511 or e-mail office@asthmasociety.ie |