Tax Efficent Giving

05-May-17

Significant tax-relief is available for Irish tax-payers who donate to the St Michael’s College Building on Success development campaign. All donations above €250 per annum qualify for tax benefits as charitable donations.

Under a new scheme introduced under the 2013 Finance Act, your donation can be further enhanced by nearly 45%, simply by completing form CHY3 or CHY4 for those paying tax in the Republic of Ireland.

For example, for every €100 gift we receive from a tax-paying donor, we can reclaim an additional €44.99 from the Revenue Commissioners by submitting either a completed CHY3 or CHY4 form. Thus, if you donate €1,000 per annum to St Michael’s College, your gift is worth €1,449.94 per annum to us, or €7,249.50 over five years.

The table below shows the impact that your monthly or annual donation can have on our Building on Success campaign. These figures have been rounded for display purposes.

Monthly Donation Annual Donation Total Gift to St. Michael's over 5 years Tax Rebate Total Value of Your Gift over 5 years
€50 €600 €3,000 €1,348 €4,348
€100 €1,200 €6,000 €2,696 €8,696
€250 €3,000 €15,000 €6,739 €21,739
€500 €6,000 €30,000 €13,478 €43,478
€1,000 €12,000 €60,000 €26,956 €86,956

(Above examples represent a five year standing order commitment)

If you would like further details, please contact Judith Hally in the Development Office on 01-2189421 or email: development@stmichaelscollege.com or judith.hally@stmichaelscollege.com.

Events
Oct
20 2017
Family Photographs
Oct
20 2017
Parents Social Night
Oct
23 2017
Progress Cards sent home.
Oct
25 2017
Enrolment Ceremony for Second Form
18-Oct-2017
Today the boys ventured into the city to look at some beautiful pieces of artwork in the National Gallery.
13-Oct-2017
St. Michael's College Junior School continue to make history with first podium finish by the school in the annual Brother Clonliffe Cross Country, which saw schools from around the country compete.
Contact Us
 
 
 
Contact
St. Michael's College Junior
Ailesbury Road
Dublin 4
Ireland

01 218 9440


    http://www.stmc.ie/

Location
© 2017 St. Michael's College Junior School