Friday November 22, 2019

€2m in tax exemptions for donations of heritage items over last four years

1st March, 2015

The donation of the Seamus Heaney archive to the National LIbrary generated a tax credit of €1.4 million for its donors

The cost of tax exemption on donations of heritage items to the state was more than €2 million in the four years to 2014. Since 2009, the tax credit available to a donor of heritage items is an amount equal to 80 per cent of the market value of the donation.

Of the €2.09 million, the donation of the Seamus Heaney archive to the National Library of Ireland in 2011 was the most costly, with a tax credit...

Subscribe from just €1 per month!

or Log in to continue reading

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Related Stories

Large public capital projects could be run through an “independent panel of international experts” as part of public spending reforms, according to the Department of Public Expenditure

Daniel Murray | 5 days ago

The contract covers the supply of office stationery to a range of government bodies and agencies, including the HSE, universities, hospitals, councils and schools

Michael Brennan | 5 days ago

The party threatens to put significant financial resources behind its own candidates in bid to ensure that she is ‘never seen again’ in politics

Aiden Corkery | 5 days ago