Tax Effective Giving

Tax Effective Giving

Tax Effective Giving

Did you know that you can provide tax-effective giving through PAYE & Self Assessment Tax Reliefs?

The Irish Wildlife Trust is an eligible charity and is listed on Revenue.ie with an assigned Charity number (CHY No. 6264).  Section 848A of the Taxes Consolidation Act 1997 (TCA 1997) provides for a scheme of tax relief for certain ‘elligible charities’ and other “approved bodies” that you can avail of to support the work of the Irish Wildlife Trust.

From April 2001, tax relief has been available on donations of €250 or more in any one tax year to eligible charities from individual and corporate donors.

Starting from 1st of January 2013, Irish Revenue has simplified the process for PAYE and Self-Employed people to give to charities resulting in benefits for charities. All previous donations up to December 31st are subject to the old rules.


How much do you or your company have to give?

A minimum of €250 or more in one year either as a once off donation or as a monthly payment ( the equivalent of €20.83 per month) for example, through a standing order can be donated to the IWT.


What does an individual have to do?

Very simply, complete either the CHY3 “enduring” form or the CHY4 annual form available from the Irish Revenue and return it to the Irish Wildlife Trust, Sigmund Business Centre, 93A Lagan Road, Dublin Industrial Estate, Glasnevin, Dublin 11. This will give permission to the IWT to claim a tax refund on your generous donations.

The CHY3 Enduring form will allow the IWT to receive the tax relief on your donation for 5 years and the CHY4 form will last only one year.  Please download the forms here.


How much does the IWT receive?

Using the new simpler tax relief measures from January 1st, 2013, the IWT will receive the tax relief on your donation. A new blended tax relief of 31% is the designated rate for this purpose. For example, a donation of €250 will be equivalent of €277.77 for the IWT.

For example, a PAYE or Self Assessed person donates €250 to the IWT – this will be grossed up by 31% and result in the IWT receiving €362.32.

Equally a donation of €500 will be grossed up to €724.64 (€500 + €224.64) and €1000 will be €1449.27 (€449.27).