Jump to content

Gift Aid


Ferrets

Recommended Posts

After having finally unpacked it turns out there is quite a lot of stuff that should never have made it into the container in the first place, especially suits (wrong size, old style, etc).

They will all be going to the salvos, but I wondered if I make a donation of a large number of items if there is an tax deductible donation similar to Gift Aid in the UK?

It won't stop the stuff going, but thought I'd ask before it did ;)

Thanks, Ferrets

Link to comment
Share on other sites

1 hour ago, The Pom Queen said:

I didn’t even know you could claim for goods anywhere. 

For gift aid in the UK there is a tax benefit on the sales that they track - an element goes to the charity but then if you are a higher rate payer you get a deduction as well.

According to the ATO you can claim for gifts of money or property; https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Gifts-and-donations/

But I think I might be reading that property includes donated items, but suspect that it might be real estate.  It doesn't change the intention for the stuff to be donated, but was curious rather than find out about any deductibles after the stuff has gone. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...