Tax allowance

Background

Tax Reduction

Donations up to 150€ will be 75% tax deductible

Personal Donations Deductible
First 150€ 75%
Greater than 150€ 30%
Multi-year donations
Of the same amount for at least 3 years > 150€*(For an amount equal to or greater than that of the previous financial year)
35%
Deductible base limit 10%
Group Entities Deductible
General donations 35%
Multi-year donations
Of the same amount for at learst 3 years > 150€* (For an amount equal to or greater than that of the previous financial year)
35%
Deductible base limit 10%

The first 150€ of donations will be 75% tax deductible as stated in the laws of the Personal Income Tax (IRPF) and if above 150€ the tax deduction is 30E of the given amount. In regards to legal entities, donations are tax deductible by 35%. In both cases, the tax deduction limit is 10% of the tax base.