University of Tasmania Foundation

Tax Deductibility

In most instances an approved donation and gift to the Foundation will be tax deductible and GST free if:

  • it is made voluntarily;
  • it does not provide a material benefit to the donor; and
  • it essentially arises from benefaction, and proceeds from detached and disinterested generosity.

If you are uncertain of the tax situation in relation to a donation you can contact the Foundation. However, it is recommended that donors also seek independent taxation advice.