Charitable donation is a real pillar that allows good deeds to be sustained over time. Zakaat Al Maal ✦ Sadaqa Jariya ✦ Fidiya & Kaffara ✦ Bank interest
CALCULATE YOUR TAX REDUCTION
As with any public utility association, each donation made to LIFE entitles you to a tax reduction of up to 75% of the amount of your donation, up to a limit of €1000. Beyond that, and in accordance with the law, the remaining amount benefits from a tax reduction of 66%, up to a limit of 20% of your taxable income.
Did you know that? When the amount of donations exceeds the limit of 20% of taxable income, the excess is carried over to the following 5 years and entitles you to the tax reduction under the same conditions. Donors affected by this situation must duly complete their declaration to inform the tax authorities.
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