The Gift of Giving
Added on by Etairos Accounting
From time to time we all make donations to a charities. As the end of this financial year approaches you may be thinking of donating to a good cause and at the same time earning yourself a tax deduction.
It’s important to you as a donor that the money is used for the purpose it was donated. So, before you make a donation, you might like to pay a visit to The Australian Charities and Not-for-profits Commission to ensure the charity you are considering is registered.
For a donation to be tax deductible, it must be made to a charity registered as a Deductible Gift Recipient (DGR). To check if the charity is a DGR, visit ABN Lookup and type in the charity's ABN. At the bottom of the page the charities DGR status will be recorded. Alternately contact Etairos Accounting and Finance and we can do the search for you.
