Are all donations tax deductible?

CLIENT QUESTION:
I give donations to various religious institutions and charities. Are all the donations tax deductible?

OUR ANSWER:
No all donations are not tax deductible. Only donations made over $2 to a deductible gift recipient (DGR) are tax deductible.

The religious institution or charity you make the donation to would normally write on their receipt if the donation you made is tax deductible or not. If no details are given on the receipt and you want to check if the entity is a DGR then go to the site www.abn.business.gov.au and type the entity's name and check the Deductible gift recipient status.

By Suresh Rajani

Suresh Rajani is a registered Tax Agent and Business Leader at Tax First - an accounting and business advisory firm located in Wayville, South Australia.