Table of Contents
- Fundraising Rules and Tax Considerations
- At a glance
- Check your fundraising obligations
- Banking and tax considerations
- If fundraising directly into your group's bank account, all account signatories should provide their Tax File Number to help avoid withholding tax.
- Avoid using an existing business bank account for fundraising, as the Australian Taxation Office (ATO) may treat the funds as business income.
- CRSA cannot issue tax-deductible receipts for non-cash donations such as goods, services or vouchers.
- Funds raised through ticket sales are not tax deductible.
- What's next?
Fundraising Rules and Tax Considerations #
Before fundraising, make sure your group understands any legal and tax obligations that may apply.
At a glance #
- Fundraising laws differ between states and territories.
- Check your obligations before launching a fundraising appeal.
- Some donations and fundraising activities are not tax deductible.
Check your fundraising obligations #
Fundraising requirements vary across Australia. Before conducting a fundraising appeal, consult the relevant state or territory regulator to understand the rules that apply to your group.
Additional guidance
Refer to Annexure E: Fundraising Regulation by State/Territory for more information about fundraising requirements.
Banking and tax considerations #
“Understanding your legal and tax responsibilities helps your group fundraise with confidence.”
