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Not all donations and gifts are tax-deductible. It is important to do your research before you donate. The simple diagram below will help to determine if your donation is tax-deductible
First, does the organisation have an Australian ABN? A donation is only tax-deductible if it received by an organisation that has been endorsed by the Australian Taxation Office (ATO) as a deductible gift recipient (DGR).
NOTE: The charity registration number is not enough as the Australian Charities and Not-for-Profits Commission (ACNC) manage charity registrations and this is a separate department.
To determine if the charity you wish to donate to is a DGR organisation, use Australian Business Register and search for the organisation’s ABN: http://abr.business.gov.au/
Enter the ABN of the organisation and click search
Scroll down the page to the ‘deductible gift recipient status’, there you will see if the organisation has been endorsed as a deductible gift recipient by the ATO.
Secondly, you must ensure that what your donation is a gift. Gifts have the following characteristics
- No material benefit or advantage is received by the donor
- The transfer arises by way of benefaction
- There is a transfer of money or property
- The transfer is made voluntarily
The table below (Table 1) gives an indication of gifts that are deductible
Table 1: Gifts that are tax deductible
| Type of gift | For more information |
| Money (gifts of $2 or more) |
More Info... |
| Property (including trading stock and shares) you purchased during the 12 months before donating the gift – regardless of its value. |
More Info... |
| Trading stock disposed of outside of the ordinary course of your business. | More Info... |
| Property (including shares) valued by us at more than $5,000. |
More Info... |
| Shares in a listed public company valued at $5,000 or less that you held for 12 months or more. |
More Info... |
| Culturally significant property accepted by the DGR for inclusion in its collections. |
More Info... |
|
Places included in the: - National Heritage List - Commonwealth Heritage List - Register of the National Estate. |
More Info... |
You can claim a tax deduction for most gifts on your tax return in the financial year that it was given. For more information, please seek professional advice from our trusted accounting advisers.
IMPORTANT: To business owners, bookkeepers and accountants: always check ABR for DGR status before claiming the deduction. Attach ABR printout to contact or the transaction in your accounting system.
- ATO - Making tax deductible gifts and contributions
- Money Smart - Donating - Spending money for good
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