Complete this form if you made a gift of money or property valued by us at more than $5,000 and are electing to spread the tax deduction over up to 5 income years. You can also use this form to vary a previous election.
Do not use this form to spread tax deductions for environmental giftsExternal Link or heritage gifts. Different forms are used for these types of gifts.
Download the form Election to spread gift deduction (NAT 73763, PDF, 625KB)This link will download a file.
If you can't download the form, call us on 1300 130 248 to have a paper copy posted to you.
About the election and variation
Your completed Election to spread gift deduction form must:
- be made before lodging the income tax return for the year in which the gift was made
- start in the year in which the gift was made and continue for up to four of the years immediately following
- contain the percentage to be claimed in each year (the percentage for each year does not need to be the same, but the total percentage over the years cannot exceed 100%).
If you use this form to make a written variation to a previous election, the variation:
- must be made before lodging the first tax return to which the variation applies
- can only be made to any percentages to be claimed in tax returns that have not yet been lodged (the total percentage over the years cannot exceed 100%).
Example: election to spread gift donation
In 2025–26, Rochelle donates a vehicle to a deductible gift recipient. The vehicle is valued by the Commissioner of Taxation at $30,000. Rochelle decides to spread the deduction over the 5 income years available for the apportionment. The first income year in which she can claim a portion of the deduction is 2025–26. Rochelle decides to apportion her deduction for the donation of the vehicle as follows:
- 2025–26 – 10%
- 2026–27 – 30%
- 2027–28 – 20%
- 2028–29 – 20%
- 2029–30 – 20%.
She makes a written record of the election by completing the form Election to spread gift deduction before lodging her 2025–26 tax return.
In August 2028, Rochelle decides to vary the percentages of the deduction for the last 2 income years as follows:
- 2028–29 – 30%
- 2029–30 – 10%.
Before she lodges her 2028–29 tax return, she makes a written variation to the percentages by completing another Election to spread gift deduction form.
End of exampleFind out about tax-deductible gifts, including ATO valuation of property, at Gifts and fundraising.