Tax benefits

DONATE TO CUDECA AND PAY LESS TAX
You can reduce your tax bill by up to 75% of your donation 
 
From 1 January 2015 there are new tax rules in Spain which benefit Members and other donors. The tax authorities now reduce your tax bill by a bigger percentage of your donation and encourage your generosity by increasing the tax savings once you have made a donation every year for three years.
 
The new rates applicable for donations made after 1 January 2015 are as follows:  
 

PERSONAL INCOME TAX SAVINGS ON DONATIONS 

 
TAX SAVINGS 
Annual Donation upto 150 Euros
2016+
75%
 
Amount over 150 Euros
30%
 
Annual amounts donated in excess of 150 Euros from the third year, provided that each year’s donation is equal to or exceeds that of the previous year 
35%
 

 

 

Examples:

  • If you donate 150€ in 2015 and again in 2016, your tax bill is reduced by 75€ (50%) for 2015 and 112.50€ (75%) for 2016. 

  • If you donate more than 150€ e.g. 1,000€, in 2016 & 2017 your tax saving will be 367.50€. This is made up of 112.50€ (which is 75% of 150€) plus 255€ (which is 30% of 850€). 

  • In 2018 (3rd year) the savings will increase to 410€. This is made up of 112.50€ (which is 75% of 150€) plus 297.50€ (which is 35% of 850€). 

    Note: The total tax savings cannot exceed 10% of the tax payable 

CORPORATE INCOME TAX 

 
TAX SAVINGS 
One off donation
2016+
35%
 
Annual amounts donated in excess of 150 Euros from the third year 
40%
 
   
 

Note: The total tax savings cannot exceed 10% of the tax payable 

 

If you pay tax in the United Kingdom there are also significant tax savings available. Please contact Rafael Olalla at Cudeca. 
 
 
Download this info


If you have any problems or queries about the tiles, please contact Natalia at 952 56 49 10 or via email at socios@cudeca.org

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