Gifts From Ireland
Gifts from Ireland comprise over 70% of total gift income to IBI. Our desire is to build on this healthy sense of ownership of IBI within the Irish Church and all the more as it speaks directly into our vision and mission.
If you would like a representative from IBI to meet with you, to speak at a church gathering or to contact your leadership please get in touch with the office by telephone on 01 8069060 or with Anne Somerville by email at Anne@IBI.ie
Tax Efficient Giving in Ireland
In the Finance Act 2001 the Government introduced a new scheme of Tax relief for Approved Bodies. As a Charity, IBI qualifies for this scheme and we can reclaim tax on qualifying donations made.
The scheme relates to gifts from PAYE workers only - self employed individuals can declare gifts to IBI as a tax deduction in their annual revenue returns.
To qualify, donations made in any one tax year must exceed €250, given either as a single donation or the sum total of several donations. (e.g. €21 per month).
There is no maximum limit. However, to qualify gifts must be traceable to the donor (e.g. gifts given by cheque, standing order, etc.).
What does it mean for IBI?
This year IBI claimed back approx. €14,000 from the Revenue Commissioners on gifts from PAYE earners in 2010, a very significant income for IBI.
For more information and a brochure containing the PAYE Tax Certificate, click here. If you just want the PAYE Tax Certificate please click here. Alternatively, please feel free to talk to Dawn Langrell in confidence at 01 8069060 or by email at dawn@IBI.ie
|