June 05th, 2015
Almost two-thirds of Aussie taxpayers do not claim tax deductions for donations, according to the latest Australian Taxation Office figures, but of those 4.5 million donors who do claim do so to the tune of about $2.3 billion a year.
Wealth management group Koda Capital’s partner and head of philanthropy, David Knowles, says people should give in a way that gives them a sense they are making a difference.
“Follow what is happening with your money, involve your friends and family in your giving, and look beyond stories to find well-run charities that can show the impact they are having with your money,” he says.
Read more - News.com.au
The Australian Government has announced a review of the Australian Charities and Not-for-profits Commission (ACNC) legislation.
Advocacy & Insight Manager, Krystian Seibert, outlines Philanthropy Australia's engagement with the review.
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