kane
Dedicated elf
Obviously only relevant to the aussies, but anyone here know about tax deductability of donations received from visitors?
I was wondering that if you could claim a tax deduction, then you could donate that tax deduction as an additional amount to the charities.. So for example, if you raise $1000, and are on the 30% tax rate, then you could donate an additional $300 if you were to get a receipt for the original $1000.
I've asked my two charities about this - one said that they can't give a receipt, and the other one is getting back to me, but just thought I'd ask if anyone has looked at this..
Obviously the more I can get for the charity, the better!
I was wondering that if you could claim a tax deduction, then you could donate that tax deduction as an additional amount to the charities.. So for example, if you raise $1000, and are on the 30% tax rate, then you could donate an additional $300 if you were to get a receipt for the original $1000.
I've asked my two charities about this - one said that they can't give a receipt, and the other one is getting back to me, but just thought I'd ask if anyone has looked at this..
Obviously the more I can get for the charity, the better!