Donations
<p>Donations can only be deducted if the donation is made to an ATO registered recipient.
 
Be sure to segregate donations into two accounts - deductible & non deductible so as to use the LodgeiT Classification tools effectively.
 
Consider if a payment to a non-registered entity is a donation or some marketing expense. Payments to a local football club as part of a local area promotions strategy is likely to have been made for marketing reasons, not as a donation.
 
<b>Deductible gift recipients</b> (DGR) To be tax <b>deductible</b>, the <b>gift</b> must be made to a <b>deductible gift recipient</b> (DGR), which means the organisation is entitled to receive tax-<b>deductible gifts</b> and tax-<b>deductible</b> contributions.Oct 14, 2015</p>