Donors and gifts - GiftPack

Note: This document forms part of our publication GiftPack.

Introduction

Deductions for gifts are claimed by the person or organisation that makes the gift (the donor).

A donor can be an individual, a company, a trust or another type of taxpayer.

This chapter explains:

• the requirements for a gift to be tax deductible
• who can claim a deduction
• how much can be claimed
• when a gift deduction can be claimed
• what records donors need to keep
• other income tax consequences of making a gift.