Cudeca Eventos

DONATE TO CUDECA AND PAY LESS TAX

You can reduce your tax bill by up to 75% of your donation

From 1 January 2015 there are new tax rules in Spain which benefit Members and other donors. The tax authorities now reduce your tax bill by a bigger percentage of your donation and encourage your generosity by increasing the tax savings once you have made a donation every year for three years.

The new rates applicable for donations made after 1 January 2015 are as follows:

PERSONAL INCOME TAX SAVINGS ON DONATIONS

TAX SAVINGS

Annual Donation upto 150 Euros

2015	2016+
50%	75%

Amount over 150 Euros

27,5%

30%

Annual amounts donated in excess of 150 Euros from the third year, provided that each year’s donation is equal to or exceeds that of the previous year

32,5%

35%

Examples:

If you donate 150€ in 2015 and again in 2016, your tax bill is reduced by 75€ (50%) for 2015 and 112.50€ (75%) for 2016.
If you donate more than 150€ e.g. 1,000€, in 2016 & 2017 your tax saving will be 367.50€. This is made up of 112.50€ (which is 75% of 150€) plus 255€ (which is 30% of 850€).
In 2018 (3rd year) the savings will increase to 410€. This is made up of 112.50€ (which is 75% of 150€) plus 297.50€ (which is 35% of 850€).

Note: The total tax savings cannot exceed 10% of the tax payable

CORPORATE INCOME TAX

TAX SAVINGS

One off donation

2015	2016+
35%	35%

Annual amounts donated in excess of 150 Euros from the third year

37,5%

40%

Note: The total tax savings cannot exceed 10% of the tax payable

If you pay tax in the United Kingdom there are also significant tax savings available. Please contact Rafael Olalla at Cudeca.

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If you have any problem making your donation or you wish to contact us you can do it at 952 56 49 10 or [email protected]

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