Earmarking 1% of the IRS remains a simple gesture with a profoundly transformative impact on the lives of thousands of people.
Despite the progress made, Portugal still faces significant challenges in terms of social inequalities. Recent figures indicate that millions of people are still at risk of poverty or social exclusion, which reinforces the importance of the work carried out by Social Economy Entities - key players in building a fairer and more inclusive society.
In this context, GRACE - Empresas Responsáveis is once again promoting its IRS consignment awareness campaign, calling on everyone to take part. By consigning 1% of your personal income tax to a social economy organization, you are directing part of the tax that would otherwise go to the state to directly support causes that make a difference.
A cost-free gesture with a real impact.
In GRACE Hub all the materials are available so that our Members can also join in spreading the word about the initiative.
What is it?
The IRS consignment allows each citizen to donate part of the tax they pay (after deducting deductions) through the IRS to a charitable organization, instead of handing it over in full to the state.
So, from a list of beneficiary organizations made available by the AT, you can choose the one you want to support, at no cost to you (i.e. if you get a refund, you don't get less for donating and if you have to pay additional tax, you don't pay more).
Which organizations can you support?
Religious institutions;
Private social solidarity institutions;
Collective persons of public utility for environmental purposes;
Cultural institutions with public utility status.
How do you do it?
The IRS consignment is done during the tax return submission period in a very simple way.
The entity can be selected in the IRS Automático or in the tax return (Form 3, cover sheet, box 11), and must always be indicated:
Type of organization you wish to support
Entity's TIN
Type of consignment: "IRS" or "VAT" or both
In the case of IRS Automático, the consignment is made in the "Pre-settlement" area.
The list of entities authorized to benefit from consignment is available at Finance Portal.
Once again, we thank our Members for their support Grafe, JCDecaux e The Equator Company.
