Calculate your tax savings bearing in mind the tax law improvement in 2015
The Tax Office pays you back*:
Your real expense will be 20 €
The new regulation makes it easier for you to donate and contribute pushing forward more projects
Until now, your donations to charities and other similar entities payed 25% back in your annual income tax declaration. Starting in 2015, the deduction increases and it will even increase more in 2016.
The proportional share will vary, not only according to each year, but to how much you donate and when: contributions under or above 150€ over an entire year pay off determined, variable percentages.
If repeating with Goteo through, at least, 3 consecutive years…
When you collaborate with the same entity over the last 3 years, the deductions are higher*. Your engagement will be rewarded with a higher return this way.
(*) The limit of deduction over the tax base will stay 10%.
Artículo 19 (Deducción de la cuota del Impuesto sobre la Renta de las Personas Físicas) de la ley 49/2002, de 23 de diciembre, de régimen fiscal de las entidades sin fines lucrativos y de los incentivos fiscales al mecenazgo.