fbpx

donate to a friend's fundraiser

Tax Relief on Donations

Your donation has the power to do more.

tax-relief

It is easier than ever to get tax relief on your donations. You will receive a receipt for all donations made via idonate.

If you are a PAYE worker and your donation is valued at €250 or more in 12 month period please consider completing a CHY 3 or CHY 4 form. The tax relief could substantially increases your donation to your chosen charity.

Income Tax Payers – you can substantially increase the value of your donation at no additional cost to you! Firstly, if you donate €250 or more to a charity with CHY registration in a calendar year. Secondly, you pay income tax either through PAYE or through self-assessment. Thirdly, you complete and return a CHY 3 (a five year enduring tax rebate declaration) or CHY 4 (a once-off annual tax rebate declaration) form to your chosen charity. Then your chosen charity can claim a tax rebate from the Revenue Commissioners in respect of that donation.

In addition, rebates are calculated on a grossing-up basis at a special rate of 31%. Thus, a €250 donation attracts a tax rebate of €112, increasing the value of your donation by 45 per cent.

The Revenue forms, which also include answers to some frequently asked questions, are available on:

Charity Taxback Information

Personal : http://www.revenue.ie/en/personal/charities.html
Business :  http://www.revenue.ie/en/business/charities.html 

For further information on Tax Relief on Donations, please contact your chosen charity.

Or visit Charity Taxback which is an initiative by idonate to automate the CHY3 / Chy4 Forms with eSign technology.

idonate was established in 2011 to assist charities & non profits in fundraising. Our aim is to provide tools for both charities and fundraisers to help raise much needed funds.