15th December 2008
Tax deductions for charitable
Remember that you as an individual can withdraw your social contributions in tax!
Assessment Act § 8 A provides access to a certain extent to deduct donations made to associations, foundations, institutions, etc., whose funds are used in charitable or other nonprofit purposes in favor of a larger group of people.
In 2008 it is £ 14,000, which is the maximum amount that can be deducted per. individual. Note that the first 500 kr can not be deducted from the tax.
There are also various extension options if you benyttter a deed of gift over a period of several years.
Read more about the different rules at SKAT - click here.
Note that www.socialansvarlighed.dk bears no liability in connection with the above information. Instead, refer to Tax Administration, an accountant or lawyer if you want to make sure your specific situation.
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