Tax Exemptions for Voluntary Organisations
18 June 2019
Legal Notice 115 of 2019 introduces an exemption for voluntary organisations which satisfy certain conditions. The exemption from tax is dependent on the following conditions:
- The organisation must be registered with the Commissioner for Voluntary organisations established under the Voluntary Organisations Act;
- The organisation must have an annual turnover (proportional threshold applies for registration through the year) which does not exceed €10,000; and
- The organisation must be compliant with all the provisions of the Voluntary Organisations Act. Should it result that an organisation is not in compliance, the exemption certificate is withdrawn retrospectively.
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