Maximising Your Donation
If you are a P.A.Y.E tax payer we can claim the tax you would have paid on your donation! Here is how:
- Depending on your tax bracket we can claim up to 42% back
- For example, if you pay the top rate, this means that a €250 donation is worth €431 to ISI! (once we claim the tax back)
- If you pay the lower 20% tax rate, your donation of €250 is worth €321 to us!
- However you must donate at least €250 in one year for this to apply
If you are a self-assessed tax payer YOU can claim your tax back on any donation over €250 per annum, here is how:
- If you are paying the higher tax rate, your €250 donation will only cost you €145 after tax
- However you must donate at least €250 in one year for this to apply