Charitable Donation Scheme
The Charitable Donation Scheme allows tax relief on qualifying donations made to approved bodies.
If an individual donates €250 or more in a year, the approved body can claim a refund of tax paid on that donation.
If a company donates €250 or more in a year, the company can claim a tax deduction as if the donation was a trading expense.
There is a four year time limit for making a claim under this scheme.
Next: What is an approved body?