Supporting a good cause is not always deductible
In order to deduct a donation as a company, 4 conditions must be met:
approved institution: there are many of them (see the Donations and Bequests Guide website)
minimum €40 per year per organisation
maximum 5% of its taxable income
maximum €500,000 in total
Please note that a supporting certificate must be included in your company's tax return.
If you make donations as an individual, these do not appear in your profit and loss account. Under certain conditions, they will also entitle you to a 45% tax reduction (as an individual).
💡 A donation does not meet the general deductibility principle, namely that an expense must help maintain or increase the taxable income. A donation is therefore deductible provided that you attach to your company's tax return the tax certificate issued by the approved institution.