Which donations to non-profit organisation Zwerfkat in Le(u)ven are tax-deductible and which are not tax-deductible ?
Tax-deductible means that the amount you charge on your tax return will lower your taxable income. This means you will pay less tax income. Donations to a non-profit organisation that is licenced for this by the tax administration are tax-deductible.
Each donation higher than or equal to €40 (can be combined in 1 year) allows for a tax reduction of the amount of your donation. In 2020 this tax reduction for donations was exceptionally raised from 45% to 60%.
You will automatically receive a tax certificate during the first trimester of the next year. The amount of your donations that you received a CERTIFICATE for is mentioned in section X, A on your tax return.
Both private and business donations are tax-deductible. Be careful, because there are some terms:
In order to be tax-deductible and to receive a certificate, you will have to carry out the donation in your name and with your personal bank account.
If you would like to make a donation with your company, you will have to make sure you only use the data and bank account of your company.
DEPOSIT YOUR DONATIONS PREFERABLY ON THE BANK ACCOUNT OF THE NON-PROFIT ORGANISATION, MENTIONING “GIFT FISCAAL ATTEST” AND THE POSTAL ADDRESS OF THE DONATOR SO THE CERTIFICATE CAN BE SENT TO THE RIGHT PERSON.
CAREFUL: not everything you donate to vzw Zwerfkat in Le(u)ven qualifies as a “tax-deductible donation”.
The donation may not be the result of a fundraiser, for example on Facebook or in a money-box.
The following donations aren’t tax-deductible either: purchase of candles, donations from a township, sponsoring, enrolment in a team, godfather- or godmotherhood of a stray kitten.