You cannot claim the donations in your tax return if you do not meet following conditions:
1. Donation must be made to a Deductible Gift Recipient (DGR)
2. It must truly be a gift or donation – that is, you are voluntarily transferring money or property without receiving, or expecting to receive, any material benefit or advantage in return
3. It must be money or property – this can include financial assets such as shares.
4. It must comply with any relevant gift conditions
5. You must have a receipt for it.
For more such insights, Contact TAX RIZZ 👩💻👩💻 at E: admin@taxrizz.com.au; Ph: (03) 8789 9786