If you, as a donor, make a donation it is up to you to let the DGR know its market value, excluding money.
For cash donations the value is the dollar amount.
Property has a wide meaning, it is more than just physical things (such as land and objects). It includes rights and interests that can be owned and have a value (such as shares and ownership rights).
The method used to value property depends on various factors, including how the property was acquired, the type of the property, and how much the property is worth.
- Property we value at more than $5,000 – How much can I claim?
- Property purchased during the 12 months before making the gift – How much can I claim?
- Shares valued at $5,000 or less – How much can I claim?
- Trading stock – How much can I claim?
- Cultural gifts program – How much can I claim?
- Heritage gifts program – How much can I claim?