Tax deductible gifts

Gifts and donations

Check when you can claim for gifts or donations you make to deductible gift recipients and the records you need.

Receiving tax-deductible gifts

If you receive gifts, the donor may be able to claim a tax deduction in some circumstances. To be eligible to receive tax-deductible gifts, your organisation must be a deductible gift recipient (DGR).

Shares valued at $5,000 or less

If a donor makes a gift of listed shares valued at $5,000 or less within 12 months of acquiring them, they may be able to claim a tax deduction.

Tax and fundraising

As an NFP organisation, whether you have to pay income tax on proceeds you receive from fundraising activities or you can claim tax deductions for your expenses depends on whether your organisation is exempt from income tax. The related transactions may be subject to GST, however, there are a range of GST concessions that may apply. If you provide benefits to an employee, you may be liable for FBT. There are requirements for DGRs that issue receipts for gifts and contributions they receive.

Tax deductible donations

If you have donated to an NFP you may be able to claim a tax deduction. The information on this page will help you determine if you can claim, how much you can claim, when you can claim, what records you need to keep.