Deductions for a donation – when you donate money to a university
Individuals and estates can deduct amounts donated to universities or other higher education institutions from their earned income. You can claim the deduction provided that you donated for the purpose of promoting science or arts.
To be deductible, the minimum donation is €850 and maximum €500,000.
How to claim
For the 2019 tax year
You receive your personal pre-completed tax return by the end of April. Claim the deduction in your tax return before its due date. We will then take account of it in your tax decision, which you will receive by the end of October.
You can benefit from the deduction immediately if you report it for your tax card and lower your withholding rate. You can also submit details in advance for your next year’s tax return, which you will receive the following spring. When you receive the tax return, check the details on it and make corrections if necessary.
You can also file the details on paper with Form 50A Earned income and deductions. How to file on paper forms