When you donate money to a registered charity, you'll receive a 33.3% credit on your income tax bill.
As part of preparing financial statements, we also complete the IR526 (donation form). There are three ways to ensure we see your donation receipts:
- Upload your receipts to myIR by following these instructions. We suggest you hold off with "submit" button until we prepare your income tax returns, as we can directly offset your donation credit against your tax bill.
- Attach the receipts to your Beany questionnaire throughout the year, or add them at year-end.
- Send them into our Support team, who will make sure they're available for your Beany accountant.