|
Tax Benefits:
While giving is best done as an
act of pure human love, we appreciate that tax benefits will help you
stretch your contributions even further. Contributions to the
participating organisations are eligible for the following tax benefits:
For Indian Tax
Payers
:
u/s 80G
of the IT Act up to 50% of your donation is deductible
u/s 35AC of the
IT Act (only specified projects) 100% of your donation is deductible from
your income
u/s 35(i)(ii) of the IT Act (only specified projects) 125%
of your donation is deductible from your business income, and 100% of your
donation is deductible from salary income.
search donation options by
tax benefits currently available.
For US Tax
Payers
:
u/s 501(c)(3) - Please take care to register as a US Tax Payer or modify your profile accordingly.
For UK Tax
Payers
:
If you
are a UK taxpayer, for every pound that you have donated, GIVE UK can
reclaim 28 pence from the IRS helping your donation go further. To qualify
for Gift Aid, the income tax or capital gains tax you pay must at least
equal the amount we will claim in the tax year. To Gift Aid donations, please
register as a UK tax payer or modify your profile
accordingly. When you make a donation, the system asks you whether you would like to GiftAid the
donation or not.
If you choose yes, we will
reclaim GiftAid from the Inland Revenue.
We are currently exploring
partnerships to help provide tax deductions to donors in other countries
as well. If you know of an organisation in the country where you stay,
that would like to partner with us, or if you would like us to notify you
as soon as we are able to provide tax deductions in your country, please
contact us.
|