If you are currently living in the Netherlands and can commit to making a recurring donation for a period of at least five years, then there is a good chance that your support to Mama Cash is tax deductible. Dutch law allows tax authorities to pay up to 52% of your donation - an opportunity not to be missed.
The Tax Plan 2019 contains restrictive measures with regard to the deduction of donations to organisations such as Mama Cash. This plan has not yet been adopted by the House of Representatives, but the restriction on the deduction is expected to continue. You can read more about this (in Dutch) at www.ey.com/nl/nl/services/tax/ey-tax-blogt-belastingplan-2019-beperking-giftenaftrek-aan-goede-doelen
How does it work?
- You commit to donating a certain amount yearly, for a minimum of 5 years. This agreement is stipulated in a periodic donation.
- All you have to do is complete this form (in Dutch) and send it to: Stichting Mama Cash, Antwoordnummer 11412, 1000 PG AMSTERDAM (no stamp required).
- You get to determine the amount of the donation yourself. There is no minimum amount, which makes this way of giving interesting for smaller amounts as well.
- Each year, the amount of your donation is deductible from your total income. This way the tax authorities pay up to 52% of your donation - meaning that you can donate more to Mama Cash, without it costing you more. Here are some calculation examples in Dutch that explain the benefits.
Do you prefer to make up a notatrial act with a notary? Please contact Mama Cash at the following phone number or email address. Be aware that you will need to pay the notary fees yourself.