Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
Deductibility of gifts to the Voluntary Service to Indigenous Communities Foundation.



Download PDFDownload PDF

ASSISTANT TREASURER

NO.014

Deductibility Of Gifts To The Voluntary Service To Indigenous Communities Foundation

The Assistant Treasurer Senator Rod Kemp has announced that, from today, gifts to the value of $2 or more made to the Voluntary Service to Indigenous Communities Foundation will be deductible for income tax purposes.

The Voluntary Service To Indigenous Communities Foundation has been established to raise funds to assist indigenous Australian communities to access volunteers with professional, business and technical skills.

Tax deductible gift status will assist the Foundation to attract public support for its activities.

Legislation to give effect to the Government’s decision will be introduced as soon as practicable and taxpayers should ensure that they receive a receipt for their donation.

Canberra 17 April 2001

Media contacts: Paul Edwards Assistant Treasurer’s Office (02) 6277 7360 Brett Peterson Australian Taxation Office (02) 6216 154