HOW TO MAKE TAX DEDUCTIBLE DONATIONS
Only organisations that have been endorsed by the Australian Taxation Office (ATO) as deductible gift recipients (DGRs) are able to accept tax deductible gifts and contributions.
Women’s Community Shelters has DGR status which means you may be able to claim a tax deduction for any donations you make of $2 or more.
WHAT YOU CAN CLAIM
For you to claim a tax deduction for a gift, it must meet four conditions:
- The gift must be made to a deductible gift recipient. We call entities that are entitled to receive tax deductible gifts ‘deductible gift recipients’ (DGRs).
- The gift must truly be a gift. A gift is voluntary transfer of money or property where you receive no material benefit or advantage.
- The gift must be money or property, which includes financial assets such as shares.
- The gift must comply with any relevant gift conditions. For some DGRs, the income tax law adds extra conditions affecting the types of deductible gifts they can receive.
WHAT YOU CAN’T CLAIM
You cannot claim as a gift or donation items that provide you with some personal benefit, such as:
- raffle or art union tickets
- items such as chocolates and pens
- the cost of attending fundraising dinners, even if the cost exceeds the value of the dinner
- membership fees
- payments to school building funds made, for example, as an alternative to an increase in school fees
- payments where you have an understanding with the recipient that the payments will be used to provide a benefit for you.