Tax Deductible Gifts

From PhilanthropyWiki

Tax Deductible Gifts Definition

In order to be tax deductible, a gift must fulfil certain criteria. These include:

• The gift must be made to a deductible gift recipient (DGR)
• The gift must really be a gift
• It must be a gift of money or a certain type of property
• The gift must comply with any relevant gift conditions.

Some charities are not DGRs and therefore cannot receive tax deductible gifts.

For more information see the ATO page on Tax Deductible Donations.