Joan makes a donation of €1,000 to an approved body in 2016. The approved body can claim a refund of the tax Joan has paid.
The tax rate is 31%, so this means that the donation of €1,000 is 69% of the total donation.
To calculate the relief, the total donation is grossed up as follows:
(€1000/69) x 100 = €1449.27.
The refund amount that can be claimed by the approved body is €449.27.
Once Joan has completed either the Enduring Certificate or Annual Certificate, the approved body can claim the refund.