This only applies to personal gifts, and not to funds raised through sponsorship. Tax–efficient giving can increase the value of your donation(s) by 45%. An enduring certificate (CHY3) is valid for a period of 5 years, while an annual certificate (CHY4) is valid for one year only.
The tax refund for donations from all donors regardless of their tax status (PAYE or Self–assessed) will now go to the charity in all cases at a blended rate of 31%. Charities no longer need to ask donors about their tax affairs. The only reason that a refund claim will be rejected is if the donor has not paid sufficient tax in the relevant year to cover the reclaim or inaccurate details have been supplied.
The qualifying donation threshold remains at €250.
The tax relief will now be given at a blended rate of 31% regardless of the rate of tax paid by the donor and this will be on a grossed up basis.