As a Foundation, Teaming can issue a donation certificate. This document gives you the right to have a tax relief in your annual tax returns.
Since we are the ones who charge you the monthly euro and then we allocate it to the social cause you are collaborating with, Teaming is the organisation that has to issue the donations certificate and not the social cause which receives your monthly euro.
- Do you issue the certificate automatically?
At the beginning it is not automatic. You have to apply for your certificate because the Public Finance asks for more data than we already have about you. Without this information, we can’t issue the certificate or if we do, that wouldn’t be considered as valid by the Public Finance and then you wouldn’t geta tax relief. At the website, you will find a form to fill in with the data we need.
However, if you have applied for the certificate in previous years, you don’t need to fill the form again, we issue the certificate automatically. Nevertheless, we recommend you check the data because if some data is incorrect, the certificate won’t be valid.
- When can I apply for my certificate?
You can apply for the certificate at any point once the certificate section is open.
- Which information do I have to indicate?
The data is: name, surname, ID number (DNI, NIE, CIF or Passport), address, city and region.
This data has to be strictly the same as the one in you ID card (DNI, NIE, CIF or passport). Pay attention to the second name and surname. If it doesn’t match exactly, the certificate won’t be considered as valid by the Public Finance.
- Tax relief details: deductions
The tax deduction depends on whether you are a natural person or a legal entity.
For natural persons (private individuals):
- 66% of the amount of the donation made will be deducted.
- Your donations will never be able to be more than 20% of your income of that year. If they are, the exceeding amount is forwarded to the next 5 years and allows for tax relief within the same restrictions.
For legal entities:
- 60% is deducted.
- Your donations will never be able to be more than 5% of your income of that year (before taxes). If they are, the exceeding amount is forwarded to the next 5 fiscal years and allows for tax relief within the same restrictions.
If you have two profiles, you will need to access each profile and request the certificate in each profile. We then merge the data obtained from both profiles to provide it to the Tax administration. We recommend you to maintain a single profile with Teaming because it is much easier to manage. If you are collaborating with different causes in each profile, try to put them together in one profile.
- What happens if I make a mistake with my data?
After issuing the certificate, we can’t change the data. That’s why we ask you to check your data carefully and to make sure it matches exactly with your ID card (DNI, NIE, CIF or passport). Any difference between your data and the data of your ID (even if it’s because you forgot your second name or because the language of your data in you ID is different) will make the Public Finance reject the certificate and it won’t be valid. Please, check your data if you want to have a tax relief.
- Do I have to inform the Public Finance?
Yes. You will need to download the certificate and fill in the total amount in the following box: 7VC: “Dons versés à des organismes d’intérêt général établis dans un État européen autre que la France.”
However, we recommend you to keep the certificate we give you as a pdf document. In case the Public Finance ask you for a review of your annual tax returns (for any reason, be it related or not to this donation), you will be able to prove that the donations are real.