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PAYMENT METHODS In order to qualify for tax relief, donations must be made using one of the following payment methods: post office or bank deposit, credit card, prepaid card, bank cheques or banker’s drafts. TAX RELIEF FOR BUSINESS DONATIONS Businesses (sole traders, partnerships, corporations, commercial organizations, etc.), who make cash donations can deduct an amount not greater than 2% of declared earnings from their business income (Income Tax Code - art. 100, paragraph 2a). It may be helpful to consult your accountant or Tax Assistance Centre regarding the most appropriate tax relief option. For any doubts, please contact us via e-mail |