| | |  | |  | | Self Help can claim tax relief on donations over a certain sum that we receive from Irish PAYE taxpayers - thus making more of the contribution that you are making to our work.
And individuals who are self-assessed for taxation, as well as corporate donors can claim a deduction in their tax liability, for donations that they make to support our work.
Read below details of the schemes of tax relief that are available to Self Help, under Section 848A of the Taxes Consolidation Act 1997.
And we can make even more of your support - as each €1 of public funding that we receive enables Self Help to apply for match funding support from state, and other international institutions. |
|
| Donations from PAYE taxpayers |
| Self Help is eligable to claim a tax repayment from the Revenue Commissioners in Ireland on all donations that are made by PAYE taxpayers, that are greater than the sum of €250 a year.
That figure amounts to just 69 cent each day, or €4.80 each week to support our work. Either once-off contributions, or cash donations that are made in instalments by standing order or direct debit qualify for this tax relief.
For example: By making an application for tax relief, Self Help can transform a donation for €250 that we receive from an individual who is on the standard rate of tax (ie. 20%) into a contribution to our work that is worth €312.50, by claiming back taxation that is associated with that donation of €62.50.
An individual donor who is paying tax at the higher rate (ie 41%), following the same donation of €250, can increase their donation to €423.73, as the tax that is associated with their contribution amounts to €173.73. |
|
| Self assessed and corporate donors |
| Self assessed individuals and corporate donors to the work of Self Help can claim tax relief above the sum of €250 that they contribute each year.
SELF ASSESSED : A Self assessed individual on the standard tax rate (ie 20%) who wishes to donate €500 to Self Help will actually only cost €400 - as the taxpayer will be entitled to claim a deducation of the tax relief (€100)on his/her tax return.
Similarly, an individual paying tax at the higher rate will be entitled to tax relief of €205 on the same sum - meaning that the contribution of €500 only costs them €295 in real terms.
CORPORATE DONORS : A company donates €1,000 to Self Help. Assuming a corporation tax rate of 12.5%, the relief available to that firm on their donation is €125. While Self Help receives €1,000, the cost to the company in making that donation amounts to the lesser sum of €875. The corporate donor needs to simply claim a deducation for the donation as if it were a trading expense. |
|
|
| WHAT YOUR MONEY ACHIEVES : |
|
| €22 can enable an African family to produce enough food |
|
| €100 will allow us to plant 1,250 trees, to combat erosion, soil degradation, and provide a ready source of fuel |
|
| €250 will provide the training and resources in preparation for the establishment of a community savings and credit co-operative |
|
| €1,000 is the average cost of establishing a community rainwater harvesting water source |
|
| | | | | | | Tax Relief Information |  | | | | | | It is not possible to complete these forms online. Please print out, and return by post, to 'Self Help Africa', Annefield House, Dublin Road, Portlaoise, Co. Laois, Ireland. |
|
|
|
|  | |  | Self Help Africa - UK Second Floor, Westgate House,Dickens Court, Hills Lane, Shrewsbury, SY1 1QU Tel. +44 (0) 1743 277170 |
| Self Help Africa - Ireland Kingsbridge House, 17-22 Parkgate Street, Dublin 8, Co. Dublin, Ireland Tel. +353 (0)1 6778880 |
| Self Help Africa Inc. 41 Union Square West, Suite 1027 New York, NY 10003, USA Tel. +1 212 206 0847 |
|
|  | Self Help Africa is an international charity registered in Ireland and the United Kingdom Registered charity number: 6663 (Ireland), and 298830 (UK) Self Help Africa is a non-profit 501(c) 3 organisation in the United States. |  |  | Self Help Africa receives support from the following institutional donors: |  |  |  |  |
| | |  | Powered by go2web
|
|
|
|
|