The Nederlandse Händelvereniging has been recognised by the Dutch Tax Administration as a Cultural ANBI (Public Benefit Organisation). As a result, your contribution as a Friend of the association is 125% tax-deductible as a charitable donation in your income tax return.
Please note that a threshold amount applies before donations become deductible in your tax return. The level of this threshold depends on your income.
This threshold can be avoided if your contribution is classified as a periodic donation. In that case, the full amount of your contribution may be deducted at 125% as a charitable donation in your income tax return, without any threshold applying.
The following conditions apply to a periodic donation:
The model agreement for a periodic donation can be downloaded from the website of the Dutch Tax Administration (Formulier Periodieke gift in geld). The agreement must be completed in duplicate — one copy for your own records and one for the recipient’s administration, in this case the Nederlandse Händelvereniging.
A contribution can always be designated as a periodic donation with the Nederlandse Händelvereniging, regardless of the amount of your Friends contribution (EUR 50 or more).
The exact tax benefit depends on your personal financial situation.
The procedure is as follows: