Tax deduction of donation - extension of the donation directory!


In the amendment to the act, the government adopted a project to extend the catalog of donations that will be deductible from the basis for calculating income tax. What new tax donation deduction does the extended project introduce? Answer below!

Tax deduction of the donation

According to the draft amendment to the act on subsidies to the interest rate of bank loans granted to provide financial liquidity to entrepreneurs affected by the effects of COVID-19 and amending certain other acts, the catalog of donations that may be deductible from the income tax base will change. The donation catalog will be expanded, among others about

  • donations made to night shelters,
  • family nursing homes
  • social welfare homes,
  • shelters for homeless people,
  • support centers.

In addition, the draft amendment to the act also proposed the possibility of tax deductible donations in the form of computers, not older than 3 years, which are fit for use. The in-kind donation in the form of computers may be deducted from the tax on general terms or a flat tax if the computers were transferred, inter alia, to educational institutions from January 1 to September 30, 2020.

The changes introduced in the amendment to the act also provide for the exclusion of revenues from non-agricultural economic activity, the value of donations received by medical and educational institutions in connection with the prevailing COVID-19 pandemic, in the period from 1 January to 30 September 2020.