How to claim a charity tax deduction
By donating $2 AUD or more to Save the Children, you can make a charity tax-deduction claim while supporting children and families in need worldwide. Find out below how to determine which charities are eligible for tax deductions in Australia, and how to maximise your personal or business charity donations with Save the Children Australia.
Save the Children has been championing children’s rights for over 100 years. We believe every child deserves a bright future and we work hard to fulfil our vision of a world in which every child lives, learns and is safe from harm. We help millions of children worldwide in over 117 countries - running child-focused programs and providing life-saving aid when disaster strikes. We go to the toughest, hardest-to-reach places and do what we can to help transform children’s futures. Here’s what you need to know about understanding charity donations and tax deductions:
Charity donations that are claimable in Australia
Not all charities qualify for tax deductions in Australia. For your donation to be tax deductible, the charity must be endorsed and registered as a Deductible Gift Recipient (DGR). To check if a charity is a DGR, you can use the ACNC Charity Register.
- To claim a charitable donations tax deduction, the following conditions must be met:
- Genuine Gift: The donation must be a genuine gift, meaning you cannot receive or expect anything in return. If, for example, you purchase a raffle ticket where proceeds go to a DGR the amount will be treated as a contribution, not a donation, and additional rules will apply.
- Money or Property: The donation must be in the form of money or property.
- Compliance with Conditions: The donation must comply with any relevant gift conditions outlined by the ATO. Some DGRs have specific conditions affecting the types of deductible gifts they can receive.
Eligible personal and company donations to charity include:
- Monetary donations of $2 AUD or more
- Property including select financial assets valued by the ATO at more than $5,000 AUD (or above $2 when purchased in the last 12 months)
- Property donated under the Cultural Gifts Program
- Heritage gifts
Charity donation tax claim limit
In Australia, there is no set donation tax deduction limit. The amount you can claim depends on the type of donation. However, your deduction cannot exceed your taxable income and create a tax loss. If conditions are met and your donation would lower your taxable income to less than zero, you can spread the deduction over up to five years.
Businesses can also make significant contributions through company donations to charity. When a business donates to Save the Children, it not only supports essential programs but can also benefit from tax deductions. Business charity donations to Save the Children are treated similarly to individual donations and must meet the same criteria to be tax deductible. Corporate giving can enhance a company’s social responsibility profile while making a real difference in the lives of children.
Making a donation to a tax-deductible charity in Australia
Save the Children is a registered DGR organisation. We are regulated by the Australian Charities and Not-for-Profits Commission (ACNC) and adhere to the Australian Council of International Development (ACFID) Code of Conduct.
Every donation to Save the Children supports our mission to protect and empower children. Your contribution helps fund critical programs, including:
- Emergency Response: Providing immediate relief and support during disasters.
- Health and Nutrition: Ensuring children receive proper healthcare and nutrition.
- Education: Promoting access to quality education for all children.
- Child Protection: Safeguarding children from abuse and exploitation.
Make a claimable donation now to save lives
Support our mission by donating to Save the Children. Your charity tax deduction not only reduces your taxable income but also makes a significant impact on the lives of vulnerable children. To receive a charitable donation tax deduction, donate over $2 AUD to our tax-deductible charity in a single donation today or become a monthly giver.