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_Lauramay81(I'm new)I'm new
20 May 2021

Hi,

I am wanting to reduce my taxable income by just a few thousand dollars and am thinking a financial donation is my preference, however I am

thinking there is probably a cap on how much I am able to donate to reduce my taxable income, what's the limit of there is one? I've searched on line and not much comes up. Im looking at a 100% donation with a registered organisation.

Thanks

3,943 views
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3,943 views
1 replies

Most helpful response

Most helpful reply

EthanATO(Community Support)Community Support
20 May 2021

Hi @Lauramay81,

There isn't a limit on how much you can claim as a deduction. All requirements are outlined on our website under gifts and donations.

Hope this helps.

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Most helpful reply

EthanATO(Community Support)Community Support
20 May 2021

Hi @Lauramay81,

There isn't a limit on how much you can claim as a deduction. All requirements are outlined on our website under gifts and donations.

Hope this helps.

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