Tax aspects of donating and fiscal benefits

Favourable tax deduction options are possible when donating to ‘institutions for the promotion of the public interest’ (ANBI’s), such as IFFR. You can make a one-off donation or make donations on a periodical basis, whereby you spread it out over a period of at least five calendar years. The donation is then paid to IFFR in the form of an annuity.

A regular donation with a minimum term of five years is 100% tax-deductible. Until the end of 2018 an additional tax deduction for donations applies, whereby you can increase donations up to a maximum of €5,000 by 25% when making your tax return. This multiplier also applies to one-off donations, although these are also subject to stricter conditions. The total of donations made during a year is deductible in as far as these amount to more than €60 or – if this is greater – 1% of the total aggregate income for your household. A maximum of 10% of the total aggregate income for your household also applies in relation to these tax deductions.

It is no longer necessary to have a civil-law notary draw up a deed of donation. We can arrange your donation in our own donation agreement. Simply contact us at [email protected].

We have worked out the net cost of a regular donation for you below.

NB: No rights may be derived from this summary, which is subject to amendment. For further information on the Donations Act (Geefwet)and income tax (in Dutch), see www.anbi.nl/belastingvoordeel.