Making a Corporate Donation

Section 45 of The Finance Act 2001, introduced a scheme of Tax Relief for companies who make donations to eligible charities on or after the 6th of April 2001.

The minimum donation in any one year that must be made to an eligible charity to qualify is €250. There is no maximum qualifying donation. Donations made by instalments (e.g. standing order/direct debit) also qualify.

  • It must be in the form of money
  • It must not be repayable
  • It must not confer any benefit on the donor or any person connected with the donor
  • It must not be conditional on, or associated with, any arrangement involving the acquisition of property by the charity.

The company claims the deduction for the donation as if it were a trading expense

If your company donates £5,000/€6350 to Women's Aid. Assuming a corporation tax rate of 20%, relief to the company is £1,000/€1270. Your company only has to donate £4000/€5080, while the women and children Women's Aid help have the benefit of £5,000/€6350.

Women's Aid need your help to survive, every donation counts, no matter how big or small.

Bank of Ireland, code 90 01 21, Account number 38160018

Office of the Revenue Commissioners
Charities Section
Government Offices
Nenagh
Co. Tipperary
Tel: (067)44310/ (01 677 4211 if calling from Dublin)