NAVARRA: Donations represent tax savings
Translation generated by AI. Access the original version
Consider making a donation before the end of the year. It is tax deductible.
If you are thinking of making a donation, know that in your Income Tax Return you will receive, in the form of a deduction, a part of the amounts you donate or the cost of the free services you provide to a charitable entity or one that is part of social, environmental, sports, or cultural patronage.
Let's see, in a schematic way, which deductions apply:
|
Recipient entity |
% Deduction |
|
|
Charitable |
25% |
|
|
Cultural, social, environmental, or sports patronage
|
First 250 euros |
80% |
|
Excess |
40% |
|
Keep in mind that the sum of the deduction bases for donations, union fees, fees and contributions to political parties, and investments in renewable energy facilities, electric or plug-in hybrid vehicles, and charging systems, cannot exceed 25% of the taxable income base.
Our professionals will inform you in detail about all these incentives.CONTENIDO RELACIONADO
-
BASQUE COUNTRY AND NAVARRE: Shared bank account with the deceased
If a person dies and has a bank account where the children are joint account holders, the bank considers that the balance is equally owned by all of them. But this does not affect the Inheritance and Gift Tax (ISD).
-
BASQUE COUNTRY AND NAVARRE: Do you want a payroll advance?
Workers can request advances or even loans from their companies. Learn about their differences and how they are taxed in Income Tax.
-
NAVARRA: Check your turnover
The turnover with which you end the year may affect your taxation in various taxes...
COLLABORATORS AREA
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.