What steps can you take to ensure you are donating to a legitimate charity, how much of your donation is making it to those in need, and how do you decide which charity is right for you?
With global conflicts and natural disasters in the news, many Australians are eager to find ways to help, which often means donating to charities.
He adds that some foreign countries may also have charity regulators that function similarly to the ACNC. It's a sentiment echoed by Professor Hall, who says people sometimes "have a tendency to get too caught up in potential misuse of money". Getting a tax deduction for a charitable donation doesn't mean you will receive the entirety of your donation back when you complete your tax return, but
You can only claim a tax deduction for gifts or donations to organisations with DGR status. This includes overseas aid funds, which must register with the Australian Taxation Office.The Australian Competition and Consumer Commission's Scamwatch website warns that scammers can take advantage of your goodwill by falsely claiming they're collecting money on behalf of a charity.
Charities Not-For-Pofits Donating To Charity Are Charity Donations Tax Deductible Matthew Hall What Are The Best Charities To Donate To Australian Charities And Not-For-Profits Commissi Scamwatch ACNC
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