Tax rules for Club members

Tax refunds

 

Climate cleanup foundation is a Public Benefit Organisation (ANBI) (Check) so the membership fee is tax deductible for Dutch taxpayers.

Please contact us for assistance or if you pay taxes in another country. 

 

I am a Dutch taxpayer and want a tax refund for my contribution.

Here is how:

There are two ways to make your membership tax deductible.

  • Periodic donations.
  • A normal donation.

 

Periodic (recurring) donations

Periodic donations will give you the biggest tax refund however (by dutch law) you have to commit yourself to a five year membership. Donations can be monthly or yearly but have to be an equal amount of money every year. Before periodic contributions are tax deductible both parties have to sign a contribution-agreement (PDF).  Our minimal member fee is €30/month and there is no maximum amount for your contributions.

So:

  • A signed contribution-agreement (PDF). Please contact us.
  • A minimum membership of five years.
  • The contribution has to be an equal amount every year.
  • Payments can be monthly or yearly.

 

A normal donation

A normal donation will give you a smaller tax refund then a periodic donation. Furthermore the amount of the refund is more dependent on your income. However you don’t have to commit yourself for five years. A normal gift has a minimum of €60,-. There is a threshold and a maximum for donations. The amount of your donation which is less than the 1% of your yearly income in not deductible. This also accounts for the part of your donations that is bigger than 10% of you income. So if you make €40.000,- a year.  The first €400,- of your donation is not deductible as is the case for everything above €4000,-. You need to be able to show a bank statement of your donation to the tax authorities at all times.

So:

  • A bank statement of the donation.
  • A minimum donation of €60,-.
  • The amount of the donation smaller than 1% of your yearly income is not deductible.
  • The amount of the donation above 10% of your yearly income is not deductible.

 

How much will my tax refund be?

Periodic donations

With periodic donations you can deduct 100% of your donations from you income.

This means for 2020 that:

If you income is below €68.507,-  your refund is 37,35% (figure 1). You will pay €18,80 a month vs €30,-. The refund is €134,46 a year.

If you income is above €68.507,-  your refund is 49,50% (figure 1). You will pay €15,15 a month vs €30,-. The refund is €178,20 a year.

 

(figure 1)

 

Normal donations

With a normal donation you can deduct the amounts of the donation which is between 1% and 10% of your yearly income.

Example 1

Your income is €40.000,- your tax is 37,35%. The threshold of 1% = €400,-.

You donate €1800,-

Donation                                 €1800,-

Threshold                                €400,-

Deductible                              €1400,-

Refund                                   37,35% of €1400,- = €522,90

Exemple 2

Your income is €80.000,- your tax is 49,50%. The threshold of 1% = €800,-.

You donate €1800,-

Donation                                 €1800,-

Threshold                                €800,-

Deductible                              €1000,-

Refund                                   49,50% of €1000,- = €495,-

 

Disclaimer: The information provided on this website is meant to inform you about Dutch tax refunds. The climate cleanup foundation assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site provides no guarantees of completeness, accuracy or usefulness.

For exact details check:

https://www.belastingdienst.nl/wps/wcm/connect/bldcontentnl/belastingdienst/prive/inkomstenbelasting/aftrekposten/persoonsgebonden-aftrek/giften_aan_goede_doelen/