Donations to a cultural institution
Anybody intending to donate to a charity in December would be well advised to donate via their company if possible, as there is an added tax advantage. In principle, your company can deduct 150% of the donations to cultural institutions. However, the extra 50% may not exceed the amount of € 2.500. If you prefer to donate privately then you should bear in mind the non-deductible threshold of 1% of the aggregate income of you and your partner. The threshold has a minimum of € 60 if your income is too low. In your tax return you may increase the amount of the donations you made to cultural institutions by 25% but with a maximum of €1,250. This amount also increases the maximum donation deduction, which would otherwise be 10% of the aggregate income of you and your partner.