Cultural ANBI

The Foundation Theaters Tilburg (Schouwburg & Concertzaal Tilburg) has the status of Cultural ANBI, which means that donors receive an additional tax advantage in the form of extra gift deductions. Individuals may deduct 1.25 times the amount of the gift on their income tax return, provided certain conditions are met. For a Cultural ANBI, both periodic and regular gifts are deductible. We would like to explain the different forms and conditions to you!

A periodic gift occurs if:

• the gift consists of a right to fixed and regular periodic payments;
• this means that you are required to pay the same amount to the institution or association every year. You may decide whether to split the annual amount into multiple payments or to pay it all at once;
• you transfer these amounts for at least 5 consecutive years to the same institution or association;
• the gift ends at your death or the death of another, such as your brother or partner. When formalizing the gift, you must choose whether the payments stop at your own death or at the death of that other person.

The conditions for deducting periodic gifts are described on the Tax Authority's website. It's important to keep in mind that:

• the gift is documented in a notarial deed or written agreement;
• the agreement lasts for at least 5 years;
• the Schouwburg & Concertzaal Tilburg does not provide any consideration for the gift.
  

If you meet these conditions, the entire gift amount can be deducted. There is no minimum or maximum amount. Read here for more information about the conditions.

With this handy calculator, you can easily calculate what the financial benefits are for you.

If you make a one-time gift, it is referred to as a regular gift. Specific conditions also apply for this to be deductible in your income tax return. There is a threshold amount and a maximum amount. What should you, as a donor, keep in mind?

• The threshold amount is 1% of your threshold income*
• You may not deduct more than 10% of the threshold income as regular gifts.
• The Schouwburg & Concertzaal Tilburg may not provide any consideration to the donor.
  

With this handy calculator, you can easily calculate what the financial benefits are for you.

On the Tax Authority's website, you will find a complete overview of all the conditions. Click here to be redirected.

* The threshold income is the total of your income and deductions in boxes 1 to 3, but without personal deductions. If you have a tax partner, you add the threshold incomes of both of you together. You do the same for the regular gifts.

A gift to an organization with a Cultural ANBI status can be increased by 25%, with a maximum of € 1,250. It does not matter whether it is a regular or periodic gift. Note that the increase you receive for the gift does not count towards the calculation of the maximum for regular gifts.

On the Tax Authority's website, there are several clear calculation examples for different situations. We are happy to assist you if you have questions about this. You can also contact us with any other questions or comments.