|
此文章由 zoedj 原创或转贴,不代表本站立场和观点,版权归 oursteps.com.au 和作者 zoedj 所有!转贴必须注明作者、出处和本声明,并保持内容完整
shawnx 发表于 2017-2-26 16:59
Both Building fund and Library fund should be tax deductible. School normally make it very clear on ...
Correct, This is the deduction of the donation. Keep the receipt. But the school fee is not Tax deductable.
From ATO website: Who can claim a gift or contribution
You may be able to claim a tax deduction depending on whether you made a gift or a contribution.
When you make a gift, you do not receive a material benefit in return for your payment. When you make a contribution (for example, purchasing a ticket to attend a fundraising dinner) you do receive a benefit in return.
Gifts
A tax deduction for a gift is claimed by the person or organisation that makes the gift (the donor). A donor can be an individual, company, trust or other type of taxpayer.
For a gift to be tax-deductible, it must:
•be made to a deductible gift recipient
•comply with any relevant gift conditions
•truly be a gift
•be a gift of money or a certain type of property.
Contributions
A tax deduction for a contribution can only be claimed an individual taxpayer. Expenses incurred by companies using the fundraising events of DGRs to entertain clients cannot be claimed as a tax deduction.
For a contribution to be tax deductible, it must:
•be made to a deductible gift recipient
•be in respect of an eligible fundraising event
•be an eligible contribution
•comply with any extra conditions that apply to some DGRs
•be made by an individual.
|
|