Naomh Olaf have received approval from the Department of Sport and Revenue to claim tax relief on contributions made by “individuals” in support of this campaign.
Individuals for this purpose means:
· a person who pays tax under the PAYE system only
and
· is not jointly assessed with a spouse or a civil partner that pays tax under self-assessment
Contributions made by self-assessed individuals or by companies do not qualify for tax relief.
If you pay tax at the standard rate (20%) a €300 contribution is worth €375 to the club and a €600 contribution is worth €750 to the club
If you pay tax at the higher rate (40%) a €300 contribution is worth €500 to the club and a €600 contribution is worth €1,000 to the club.
The form is available as a link to download, in your receipt.
