Giving at Tax Time

Giving season has begun in Australia, with thousands of dollars pouring in to help support the hundreds of causes listed with Australia’s most user-friendly not-for-profit online giving service, GiveNow.com.au .

This year is shaping up as a record-breaker for GiveNow.com.au, with the impending end of financial year providing an incentive for donors seeking last-minute deductions.

Already, donors have broken records during May, using their credit cards to hand over close to half a million dollars to GiveNow -listed causes, making it the biggest lead-up to the end of financial year on record.

And for the first time in Australia, donors using GiveNow.com.au now have access to a donation-tracking service that collates donations throughout the year and sends a consolidated tax receipt on the first day of July.

The free My Giving function is designed to make life much easier for the 64% of Australians who donate to a community group who don’t claim a tax deduction at the end of the financial year.

The tax receipt issued by GiveNow.com.au lists all donations made during that year – specifying which of those are eligible for tax deductions (not all not-for-profit groups can offer a tax deduction).

“Donors can log on to their My Giving page at GiveNow.com.au any time to view their donations history,” said GiveNow.com.au director Hannah Schwartz.

“That means no more storage of receipts for a whole year, no more little bits of paper – just one receipt, from one place, listing all of your donations, sent through to you at tax time, right when you need it.”

Start your own My Giving listing now at www.givenow.com.au/mygiving