Small tsunami donations

Normally, deductions can only be claimed for donations to registered charities if they are over $2 and supporting evidence such as a receipt can be produced.

However, the ATO has recognised that many Australians made “small change” donations to “bucket collections” in response to the Boxing Day disaster and would have been unlikely to receive a receipt. As such, the ATO will allow taxpayers to claim a deduction of up to $10 where they made one or more small cash donations (each of $2 or more) to tsunami “bucket collectors” without requiring the receipts or other evidence.

Of course larger donations can still be claimed but you will need the normal supporting evidence such as a receipt, credit card statement etc.

Published : 26 August 2005