Show your community involvement.
Tax benefits for companies
Donations to YvYa may be tax deductible.
YvYa has the RSIN code 8615 6528 9
Making a donation to YvYa shows your company's community involvement. It is good to know that you can deduct the donations from your taxes if they meet certain conditions.
Business donations
You can fully deduct a donation from your taxes if it is a business expense. The donation must, in some form, provide a positive, useful contribution to your business operations. For example, if you donate in the form of advertising space, sponsor us, or donate man-hours. This expense is also deductible if you incur a fiscal loss in the same year (the loss is then increased).
Non-business donations
A non-business donation is a contribution made out of generosity (a non-business motive). Or a donation that is so substantial that it is not solely for the promotion of your organisation's good name. For these non-business donations, different conditions apply to companies that pay corporate tax and companies that fall under income tax.
Donating as a company that pays Corporate Tax
It is fiscally advantageous for a company to donate to a charity. Since January 1, 2012, the non-deductible threshold of €227 has been removed. Therefore, every donation is now deductible. The total amount of deductible donations can be up to 50% of the profit, with a maximum of €100,000. You can find more information on the website of the Tax authorities.
Donating as a company that falls under Income Tax (Sole Proprietorship or Partnership)
The amount of non-business donation deduction depends on the aggregate income, the threshold calculated based on that, and the maximum deduction applicable to you. The income of your fiscal partner also influences the final donation deduction. If you make a donation for 5 years or longer, it may sometimes qualify for full tax deduction.
For tailored information, it is best to contact a tax advisor or accountant.
YvYa has the RSIN code 8615 6528 9