We do not always agree with the destination of taxes we pay, right? Would not it be great if we can determine the destination of at least one part of the tax that comes out of our pocket? Know that this is possible, not much, but the gesture has enormous significance for the donor and for the recipient.
Up to 8% IR (income tax) that we will pay in 2019, related to the calendar year 2018, can be donated to accredited care institutions. Give me some
or it's worth it.
In order to materialize this tax incentive, it is necessary to use a complete model of an IR statement, a form that allows several legal deductions.
Donations can be made by the end of this year or next year, in the income tax. Institutions authorized to receive donations are changing, and the borders are also due the choice.
Let's find out the details.
To whom to donate
1. Funds for support to children and adolescents (Funcad);
2. Nursing care;
3. Encouraging Culture (National Fund for Culture) or direct support for projects and social actions registered in the National Cultural Support Program;
4. Promotion of audiovisual activities (sponsorship and investment in accredited cinematographic projects
5. Sport incentives (donations or sponsorships in direct support to sports and sports projects previously approved by the Ministry
6. Incentive to the National Health Care Support Program
7. Encouraging the National Program of Assistance Attention
The amount of the deductions referred to in points 1 to 5 is limited to 6% of the tax. Each of the deductions referred to in points 6 and 7 is limited to 1% of the taxable amount. Therefore, the total is allowed to deduct up to 8% of the tax maturity
with donations, provided they respect the stated limits.
Those who have donation resources by the end of this year can donate more – up to 8% of the tax – and they also choose who and how much they will donate, given the informed limits.
To estimate the amount of tax maturity, we can use the draft IR statement, available on the IRS website. In the absence of a draft, the review of the average tax paid in the past few years also makes it possible to estimate
close to reality.
In the statement
Grants for support funds for children and adolescents can be directly made in the declaration, up to the limit of 3% of the tax benefit, with the addition of donations from items 1 to 5 above,
does not exceed the limit of 6% of taxable maturity.
Donations should be identified by depositing an entity's current account with a donor CPF number. Keep a donation confirmation with the number of orders, your CPF, date of donation, donated amount and calendar year
to which the donation refers.
After payment (up to 12/29), the user will issue and send proof of tax waiver. The payment of sponsorship will occur next year in the form of a refund or reduction of the amount of IR that is paid.
Make sure you have a refund. If there is a refund in the final budget of your declaration number, an additional value for incentive donations will be added
to the value of your return.
Donate is good, donate too.