Tax advantages
Whether you are a natural or legal person, the donations and contributions you make to My Avenir can be deducted from your tax return, since the Mainel Foundation is an entity covered by Law 49/2002, of December 23, on the tax regime of entities. non-profit purposes and patronage incentives.In December 2023, deductions for donations to NGOs have improved, thanks to Royal Decree-Law 6/2023, of December 20.
Tax deductions for individuals
The percentages depend on the amount contributed: for contributions that do not exceed €250 during the year there is one percentage, and above €250 another percentage is applied.
Tax deduction percentages for individuals*
Sum of annual contributions to charities
Up to €250 | 80% |
From €250 onwards | 40% |
Reward for loyalty (3 años consecutivos donando la misma cantidad, o superior) | 45% |
Liquidable base deduction limit 10%
For example, by contributing €250 per year, €200 will be deducted from the declaration, so the donor will only contribute €50 out of pocket.
In another case, if you continuously contribute a total of 500 euros per year, the Treasury will deduct €300 for the first two years (80% of the first €250, plus 40% of the remaining €250), but when you reach the For the third consecutive year, €312.5 will be deducted (80% of the first €250, plus 40% of the remaining €250).
In addition, you must take into account whether your autonomous community is subject to a particular regional regime or if it has additional deductions. If the activity in which you have collaborated has been classified as a priority patronage activity by Law 49/2002, you may be entitled to a higher percentage of deduction.
Remember that in order for us to inform the Tax Agency of the amount of your fees and donations, it is essential that you have provided us with your DNI or NIF and your address.If you have provided them to us, the donation will automatically appear on your return.
Corporate Tax Deductions
Legal entities that make donations to the Mainel Foundation can benefit from a corporate tax deduction.
Tax deduction percentages for legal entities
Sum of annual contributions to charities
Liquidable base deduction limit* 10%
*If you exceed the limit, the amounts not deducted can be applied in tax periods ending in the immediate and subsequent 10 years.
For example, if a company that is a friend of My Avenir has made a contribution of €2,000 for 3 consecutive years, €900 will be deducted in installments.
If you are a natural or legal person not resident in Spain and obtain income in the country, there is also a tax benefit for the amount of your donations.