TAX RELIEF ON DONATIONS TO ELIGIBLE CHARITIES

The Parish is eligible for tax relief on donations as an eligible charity and authorisation was received on 5/4/04, Serial No. 1576.

This means that the Parish can claim tax in respect of donations made to the Parish, provided the donor contributes a minimum of €250 in a calendar year.  In addition contributions must be verifiable that is the donation must be made by Standing Order or through the envelope system.

In addition the donor must have paid tax under the PAYE system only and the donors must complete ‘an appropriate certificate’ CHY at the end of the tax year.  The Chairman of the Finance Committee will post this form to all eligible donors at the relevant time.

For those donors who are ‘Self Assessed’ they are entitled to claim relief on their own tax returns but the Parish cannot claim relief on same donation.

You may already be giving €250 or more per year to the weekly collection (€5 a week is a donation of €260 per annum), however unless the amount donated is given by Bank Standing Order or numbered envelopes, no refund of tax may be claimed from the Revenue Commissioners.

Examples of how verifiable donations benefit the Parish can be found below.

Relief is given on a ‘grossed up’ basis to the parish. In other words, the donation will be treated as having been received in the parish net of tax. 

Such donations are of great benefit to the Parish as a whole, if you require further information please do not hesitate to contact the Chairman of the Finance Committee, Mr Tom O’Brien on (051) 873 937.

EXAMPLES

41% Rate of Tax

Donation

Tax Reclaimable by Parish

Value to Parish

€252

€175

€427

€360

€250

€610

€480

€334

€814

20% Rate of Tax

Donation

Tax Reclaimable by Parish

Value to Parish

€252

€63

€315

€360

€90

€450

€480

€120

€600