Tax-deductible donations
How to reduce your income tax with donations

4 STEPS TO MAKE TAX DEDUCTIBLE DONATIONS

Step 1 – Select a charity that has DGR status
Check for DGR status and find out what impact your gift will have.
You can check this by using the Australian Business Register.
Step 2 – Make your donation
It’s often easiest to donate online or by phone.
Step 3 – Keep your receipt
You should keep all records of tax deductible gifts.
Step 4 – Claim your tax deduction
Claim your donation when you file your next tax return from 1 July.
Gift to donations
FAQs
How can I check for DGR status?
You can check this by using https://abr.business.gov.au/
How do I claim my tax deduction?
You can file your tax return for the financial year ending 30 June after 1 July, when the new financial year begins. You can fill out a paper form or file your return online via the ATO website. Include your donation to The Smith Family in section D9 (Gifts and Donations) – and keep the receipt we send you for your donation with your records, as evidence to support your claim.
How much tax will I save?
The value of your tax deduction will depend on the amount you earn and the rate of tax you pay. You can find more information on the ATO website or check with your accountant or tax agent if you have one.
Is there a limit on the amount I can claim as a tax deduction?
Usually, you can claim the full amount of a tax deduction over $2 that you make to a DGR for the financial year in which the donation is made. Your deduction for a gift is not allowed to create a tax loss. In these circumstances, you may need to spread your claim over two or more years. You should seek independent advice if you have questions about how much you can claim in a financial year.
Will The Smith Family receive less if I claim a tax deduction for my donation?
No. The Smith Family will receive the full amount of your gift to help young Australians in need to succeed at school, so they can create better futures for themselves.
HOW YOUR DONATION WILL HELP A STUDENT

student2student
Your donation can help a child catch up with her reading skills through our peer-to-peer reading program student2student.
97% of children4 we’ve worked with in this way have found their reading has improved, so this would be a wonderful starting point for Anna.

Learning Clubs
Once she is more confident with her reading, Anna can also attend one of our out-of-school Learning Clubs,so she can get help with her homework and ongoing support from caring volunteer tutors.
88% of students said going to our Learning Club makes them try harder at school.

iTrack Mentoring Program
iTrack is a mentoring program matching a student in Years 9 to 11 to a trained mentor, who gives them guidance about study options and career paths.
79% of students who participated in iTrack said they are more positive about their future career and study options.