| Making a Corporate Donation |
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Women's Aid need donations to help them continue their excellent work, providing information, support and access services to women and children who are being physically, emotionally and sexually abused in their own homes. 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. How does a donation qualify for tax relief? 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. For example: 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. |