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New Taxback Initiative Expected to Boost Charity Donations by Millions

New Tax-back Initiative Expected to Boost Charity Donations by Millions

New taxback initiative expected to boost charity donations by millions

A new digital charity taxback initiative, which could help charities receive millions of euro in additional income, has begun operation.

A County Galway firm has become the first in Ireland to get permission from Revenue to introduce the new e-signature process.

iDonate, which is part of Western Webs in Tuam, has been given the go-ahead for its initiative. This involves the automation of digital signatures for people making voluntary donations of €250 or more.

Charities can receive a 45 per cent boost on all donations when donors fill in charity tax-relief forms. However, previously this could only be done on paper.

The Irish Times – 6 October 2019

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By iDonate Media | October 6th, 2019 | Categories: Feature Articles, iDonate Articles, News | 0 comments

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