Conor Doyle, Concern, 52 Lower Camden Street, Dublin 2
Dear Sir: Concern Worldwide greatly appreciates the generosity shown by readers of the Irish Farmers Journal.
If everyone in the country signs and returns the form that Concern has posted them, the aid agency will have an extra €4.58 million to continue its life-saving work.
If you are a PAYE tax payer and have given annual donations of €250 or more to Concern in the years 2010, 2011 and 2012, Concern can claim back money from Revenue on your donations. And it doesn’t cost you a cent. In recent days you would have received a letter from Concern about this.
For people on the standard rate of tax – 20% – Concern can claim back an extra €63 from Revenue for every €250 donated.
On the higher rate of tax – 41% – a donation of €250 is worth an extra €173. The tax is calculated on your gross earnings, which means Concern actually receives more than the 20% and 41% respectively.
From 2013, Revenue has put a new system in place. There is a universal rate of 31% return on all donations above €250, irrespective of your tax band.
This applies to both the PAYE employees and the self-employed sector.
Please read the letter you received, sign the form and return it in the envelope provided.
You don’t even have to put a stamp on the envelope.
Please call 01-417 7777 if you have any questions or visit the Concern website on www.concern.net/tax
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