TAX RELIEF

 

The Nolite Timere is a NON-PROFIT ORGANIZATION, officially recognized by Italy, so that your donations can benefit from all tax relief granted by Italian laws.

On the occasion of the annual individual income tax return, both private and public institutions can deduct donations for an amount equal to 10% of the declared income, in any case no more than 70000,00 € per year (art. 14, L  14.052005, n.80)

 

As an alternative, it is still possible to follow the former regulations, which provided for:

  • The possibility for privates to deduct donations for an amount equal to 19% of their income, in any case no more than 2065,83 € (art. 15, DPR 917/86).
  • The possibility for companies to deduct donations for an amount equal to 2% of their business income (art. 100, comma 2, DPR 917/86)

 

When an employee decides to donate through the so-called “Pay Roll Giving” mechanism, he can deduct all the amount donated, instead of the detraction of an amount equal to 19% (ris.  n. 160/E  15.06.2009). In this case, it is necessary for the employee to declare his will in an official form, while the employer will communicate the Nolite Timere Onlus the exact amount of the deduction.

 

Anyway, remember that, in order to benefit from tax relief, it is important to hold the receipt of your donations (or the receipt of your credit card, of your banking or postal transfer, etc.)

 

If you are a private and need further information about your donations, please contact us to:

  • +39(81)3652218
  • This email address is being protected from spambots. You need JavaScript enabled to view it.