Tax Benefit for Donors

The tax benefit for a person making donations in cash and in kind (whose list is identified by DM 28/11/2019) to The Sir James Henderson British School of Milan (SJHBSM) can be, at the choice of the taxpayer:

1. deductible up to a maximum limit of 10% of the total declared income. If the amount to be deducted is greater than the total declared income decreased by other deductions, the excess can be calculated in subsequent years up to the 4th (Article 83, paragraph 2, D.L. 117, 3 July 2017).

2. deductible from the gross tax (IRPEF), of 30% calculated on the maximum limit of 30,000 euros, according to art. 83, paragraph 1, Legislative Decree 117/17

The benefits are alternative and cannot be combined with each other. These payments must be made by postal or bank transfer, or by debit cards, credit cards, cards prepaid, bank and cashier's checks. For donations made by credit card it is sufficient to keep and exhibit, collect any request from the financial administration, of the bank statement of the company that manages the credit card.

The tax benefit for a Company making donations in cash and in kind (whose list is identified by DM 28/11/2019) to The Sir James Henderson British School of Milan (SJHBSM)  can be:

1. deductible up to a maximum limit of 10% of the total declared income. If the amount to be deducted is greater than the total declared income decreased by other deductions, the excess can be calculated in subsequent years up to the 4th (Article 83, paragraph 2, D.L. 117, 3 July 2017).

Tax-Efficient Giving in Europe

Thanks to Transnational Giving Europe (TGE), donors in various European countries are able to make tax-efficient gifts to The British School of Milan. The TGE network enables donors, both corporations and individuals, residing in one of the participating countries (to financially support non-profit organisations in other member countries, while benefiting directly from the tax advantages provided for in the legislation of their country of residence.