If you are a PAYE taxpayer, you can make your donation to the Irish Osteoporosis Society stretch even further. We can claim a refund of the tax on gifts by grossing up the donation at the specified rate of 31%.
With the government’s scheme of tax relief, people who gift over €250 in any given tax year will see their donation grow by as much as 45%.
Therefore, if you are able to donate €250 in any one year, we can then claim back your tax at the end of the year allowing your donation to grow to €362.32.
If you wish to do this, we can send the form out to you.
For more information: e-mail us at info@localhost or view the Revenue’s website.
Note: Companies and self-employed people may register gifts to Charities as tax-deductible expenses.