This article explains what you should know about taxes and volunteering
1 May is the deadline. By that day, your income tax return must have been submitted. Despite the fact that declaring taxes is a lot easier now than it used to be, the process still raises quite a few questions for many. There is also still some confusion regarding benefits and voluntary allowances. Are you curious about what you can deduct from your taxes this year as a volunteer? Then read on!
Scenario 1 - "I receive a volunteer allowance and want to report this to the tax authorities".
Even among paid volunteers - full-time, part-time or one-off - there is a lack of clarity regarding the rules that apply to declaring activities as a volunteer.
If you meet these 3 conditions below, you will pay no taxes on your activities as a volunteer in 2019, according to the Tax and Customs Administration.
Hooray, then you do not have to pay taxes for your volunteer work!
For example, do you only get reimbursed for travel and food costs (and similar expenses)? In that case, you do not have to pay any taxes at all on the volunteer compensation!
Scenario 2 - "I am not receiving a volunteer fee and would like to deduct this from my taxes".
Good news! If you could receive a volunteer fee but decide not to, this is considered a donation to charity.
You can now deduct this donation from your tax return. Be sure, however, that you meet the conditions below:
Scenario 3 - "I receive benefits and do voluntary work".
For you, the same rules apply as for other paid volunteers! See Scenario 1.