EFA-logoEFA-logoEFA-logoEFA-logo
  • About us
    • Our board
    • What we do
    • How we work
    • Ethics
    • Our history
    • Privacy Policy
  • Membership
    • Member benefits
    • EFA members
    • EFA associates
    • Join EFA
  • EFA Certification
    • Certification news
    • Why EFA Certification?
    • Standard Competence Framework handbook
    • Advanced Competence Framework handbook
    • EFA qualifications
    • Applying for EFA Certification
    • Certification committee
  • Public Affairs
    • Public Affairs news
  • News
    • Fundraising Europe
    • Latest news
    • Latest features
    • EFA news
    • European Fundraising Podcast
    • Contributor guidelines
    • Advertise with EFA
  • Events
    • Events Calendar
    • 2022 Nonprofit Pulse survey webinar
    • 2022 EFA Skillshare and AGA
  • Resources
  • About us
    • Our board
    • What we do
    • How we work
    • Ethics
    • Our history
    • Privacy Policy
  • Membership
    • Member benefits
    • EFA members
    • EFA associates
    • Join EFA
  • EFA Certification
    • Certification news
    • Why EFA Certification?
    • Standard Competence Framework handbook
    • Advanced Competence Framework handbook
    • EFA qualifications
    • Applying for EFA Certification
    • Certification committee
  • Public Affairs
    • Public Affairs news
  • News
    • Fundraising Europe
    • Latest news
    • Latest features
    • EFA news
    • European Fundraising Podcast
    • Contributor guidelines
    • Advertise with EFA
  • Events
    • Events Calendar
    • 2022 Nonprofit Pulse survey webinar
    • 2022 EFA Skillshare and AGA
  • Resources
✕
London
Support package launched for UK fundraisers facing redundancy due to coronavirus
September 9, 2020
graph growth
Major giving & legacies most likely to grow for Dutch & UK charities in next three years
September 9, 2020

Belgian tax incentives for giving increased to offset Covid impact on charity income

September 9, 2020
Categories
  • Belgium
  • News
Tags
  • Tax incentives
euros

Successful lobbying in Belgium means that tax incentives for individual charitable giving have been increased for this year to help offset the impact of the corona crisis on charities’ income. 

The VEF-AERF (the Association for Ethics in Fundraising in Belgium) lobbied for the temporary change earlier in 2020 in response to the pandemic impact on the country’s not for profit organisations. The association’s 130 members together receive more than 60% of charitable donations in Belgium. 

In normal circumstances, charitable donors in Belgium benefit from a tax reduction of 45% of the value of gifts given over the course of the year, up to a ceiling of 10% of the individual’s net taxable income. Under the changes however, which were approved this Summer, the tax reduction has risen to 60% of the value of gifts given in 2020, up to a ceiling of 20% of net taxable income. 

The measure applies to donations made to all recognised nonprofit institutions from 1 January to 31 December, and is expected to reduce tax income of Belgian Government by around €28 million.

Geert Robberechts, VEF-AERF secretary, commented:

“The nonprofit sector has suffered greatly due to the corona crisis with street and door-to-door fundraising suspended, along with all events. 

“We hope that the publicity around this measure will act as a wake up call for the public and remind them not to forget charities during these difficult times, and that the tax incentive increase to 60% will act as a further incentive to give. We are aware that the income it generates won’t replace the countless suspended public fundraising activities, but it will surely be a support.”

The VEF-AERF is now calling nonprofit organisations across the country to communicate the change and its benefit to the public as much as possible to further encourage generosity over the coming months. The association is also calling for the increase to be extended into 2021.

Share

Related posts

January 18, 2023

Tickets on sale for first International F2F Fundraising Congress


Read more
Cover detail from King Badouin Foundation Associations Barometer 2022
January 18, 2023

Belgian associations concerned about finances in 2023


Read more
A close up of a hand signing a document. By Pixabay on Pexels
January 18, 2023

Legacy pioneer Arjen van Ketel joins Legacy Futures


Read more

Most popular posts

Search news by country or category

Search news by date

Popular topics

  • Research
  • Individual giving
  • Coronavirus
  • Professional development
  • Digital
  • Legacies
  • Philanthropic trends
  • Events
  • Collaboration
  • Tax incentives

Registered Office

James Wattstraat 100
NL-1097 DM Amsterdam
Netherlands

EFA is registered at the Netherlands Chamber of Commerce
Reg. No. 34212817

Contact

Executive Officer, Denise Dawes
denise.dawes@efa-net.eu

Media enquiries:
news@efa-net.eu

Follow us

Twitter
Facebook
LinkedIn

Search

✕
© 2021 EFA | European Fundraising Association. All Rights Reserved. Privacy Policy
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. Read More
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT