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More taxpayers donate 2 percent of their taxes

TAXPAYERS are increasingly interested in assigning 2 percent of their income tax to eligible beneficiaries. This year, more taxpayers have already submitted about 45,000 declarations of assignment of two percent of their income tax, SITA wrote.

TAXPAYERS are increasingly interested in assigning 2 percent of their income tax to eligible beneficiaries. This year, more taxpayers have already submitted about 45,000 declarations of assignment of two percent of their income tax, SITA wrote.

Beneficiaries of two percent donations received over Sk1.351 billion (€44.84 million) as of the end of July, which is Sk82.1 million (€2.725 million) more than the total amount allocated in the same period last year. Compared to 2007, the number of private individuals who assigned two percent of their income tax increased by approximately 40,000 and the number of corporate entities by over 5,000.

This year, the range of eligible beneficiaries for donations has widened. NGOs active in the protection of human rights, protection of the environment, or science and research may also become beneficiaries of the two percent donation from income tax.

The Slovak Chamber of Notaries published the list of registered beneficiaries on its internet website, www.notar.sk.

In addition to the areas above, the activities of beneficiary NGOs can be aimed at the protection and support of health, children’s sports activities, young and physically challenged people, provision of social aid, preservation of cultural values and educational support.

The total assigned has been rising since 2004, when it stood at Sk845.2 million (€28.06 million), to Sk930.8 million (€30.9 million) in 2005, Sk1.125 billion (€37.34 million) in 2006, and Sk1.269 billion (€42.12 million) last year.

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Topic: Finances and Advisory


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