Berger Communities’ Post

Have you heard of payroll giving? It’s a simple, secure and tax efficient way of making regular donations to your favourite charity straight from your pay cheque. Plus, your donation could cost you up to 45% less through the tax break. Payroll giving is a key part of Shelter’s income. It provides us with a steady source of income, meaning we can plan ahead more effectively to help even more people struggling with bad housing and homelessness. Sign up up here to regularly donate to Shelter: https://shltr.org.uk/tfkcH #PayrollGivingMonth

Did you know if you donate €250 or more during a tax year, you can help us save many more dogs and pups and it won’t cost you anything extra? The additional funds will make a life-saving difference. 💛🐶 By signing up to Payroll Giving today, you can help find so many dogs their forever homes and live their best lives. It's the easiest and most tax-efficient way to donate. To hear more simply click the link below 👉 https://lnkd.in/gUs5bwrm   #MatchingDonations #GiftMatching #PayrollGiving 

You don’t always need cash to give back! 💡 For Giving Tuesday, I’m donating clothes and small appliances to a local nonprofit—and yes, these donations can be tax deductible too! 🧥👕 Whether it’s gently used clothes or household items, just remember to keep a record of your donations. The IRS often lets you deduct based on fair market value, so you’re not just decluttering—you’re also lowering your taxable income. Who else is giving back in creative ways this season? Share your ideas in the comments! 🙌✨ #GivingTuesday #NonCashDonations #DonateAndSave #TaxDeductible #DeclutterForACause #CreativeGiving #GiveBack #Philanthropy #SupportNonprofits #TaxSeasonTips #SeasonOfGiving #ClearTheClutter #CommunityImpact #DonateYourStuff #GivingWithoutCash #IRSdeductions #MakingADifference

The cost of living crisis has not only affected our beneficiaries but has also had a significant impact on our charity's operations. Rising costs for rent, utilities, and other operational expenses mean we need more funds just to maintain our current level of service. Specifically, we have experienced a 32% rise in the cost of support sessions and a 47% increase in the cost of our resources. Each year, we require £450,000 to sustain our operations and maintain the essential services we offer. These funds are crucial for us to keep our doors open, reach those in need, and make a meaningful difference in the lives of children and young people. With your support we become one step closer to breaking the cycle of exploitation for children and young people. You can help us to continue to provide vital work by following the link to our donations page: https://lnkd.in/dVMBUZRi #CostofLivingCrisis #SmallCharity #LinktoChange

Did you know that even leaving 1% of your estate to charity can result in a significant gift while still leaving 99% for your loved ones? As proud partners of Will Power, we’re happy to support this nationwide initiative designed to inspire Canadians to think differently about giving. Take the first step by using the Will Power Legacy Calculator to see the potential impact of your legacy: https://lnkd.in/dNqWemR Create a meaningful legacy with expert advice on saving taxes and maximizing your charitable giving plan. Get in touch with us to start planning today. Note: The amounts depicted in the images are for illustrative purposes only. Source: Will Power - Calculate Your Legacy. #LegacyPlanning #CharitableGiving #EstatePlanning

“No act of kindness, no matter how small, is ever wasted" - Aesop Don’t think initially of giving to charity, think in terms of providing financial sustenance and support to businesses that enrich our lives and communities in multiple ways, and their business structure is that of a charity. The Brucie Bonus is with tax-effective charitable giving.   In this weeks video discover how you can donate to charities while minimising your tax burden, sounds like a good deal. Dive into schemes like payroll giving, gifting assets, and how giving to charity can save you on inheritance tax. Learn how you can make a difference while at the same time reducing your tax bills, win win! Join me as I dive into the world of tax-effective giving and make a difference today! #Charity #TaxEffectiveGiving #Ihatenumbers #FinancialStrategy

Your philanthropy can help you save up on taxes. According to the IRS rules, you can deduct charitable contributions of up to 60% of your adjusted gross income (please note that the deductions for contributions of non-cash assets are capped at 30%). You can take advantage of charitable deductions by making cash donations directly to an eligible charity or donating appreciated non-cash assets that could allow you to avoid capital gains tax. Another option is establishing a charitable trust or setting up a donor-advised fund. #philanthropy #IRS #charitablecontributions #taxbenifits #taxplaning #TaxTip #savetax #savetaxes #CharitableTrust

Making a Difference: Tax-Deductible Donations That Cost You Nothing As an Australian taxpayer, did you know you can support meaningful community work while optimizing your tax return? Key Highlights: - Donate to registered Public Benevolent Institutions (PBIs) - Claim full tax deductions for donations of $2 or more - Support programs addressing poverty and community challenges - Effectively reduce your tax liability while helping others How It Works: - Choose a registered charity like This Life - Donate through their platform (e.g. https://lnkd.in/gwyZPiJt) - Keep your donation receipt - Record the contribution in section D9 of your annual tax return - Receive a direct reduction in taxable income By strategically donating, you're not just supporting crucial community work - you're also making a smart financial decision. The Australian Tax Office encourages this approach, allowing you to make a tangible difference without impacting your annual budget. Remember: Every donation to charity is an investment in our community's future. #TaxEfficiency #CharitableDonations #CommunitySupport #AustralianTaxTips #ThisLifeCambodia

Wealthy donors receive the biggest tax breaks from philanthropic giving. Millions of U.S. donors give directly to local charities without any reduction in their taxes. Less than ten percent of households use the charitable deduction. Wealthy donors, in turn, receive most of the taxpayer subsidies for charitable giving. A new report from Altrata finds that ultra-high-net-worth individuals (those worth $30 million or more) now account for 38% of all individual giving in the world. Put another way, 400,000 people account for more than one-third of the world's charity. It's even more extreme when you look at billionaires. One popular charitable medium today is called a donor-advised fund. Rich people put their money into these funds, and “advisers” who manage the account eventually give away the money — eventually being the key word. Even if the money hasn't gone to a good cause yet, donors can take the tax deduction right away. #charitabledonors #donoradvisedfund #TaxBreaks #FinancialLiteracy

There is no #tax relief for companies that make donations to #political parties. Political parties are not charities. Nor are politicians. If goods are donated, rather than cold hard cash, and they are subject to VAT, the company may need to account for #VAT on the donation. However, there may be exemptions or reduced rates in certain circumstances, such as if the goods are directly used for political campaigning. Direct cash donations from an individual are more straightforward for #tax purposes. Crowe UK Crowe Global #politicaldonations