certified accountant

Professional advice you can count on

ID 100302439

Are you donating something to be auctioned? Or buying something at a charity auction?

Either way, you will be thinking about claiming the year-end donations tax rebate of a third of the amount you’ve donated.

Sorry, neither qualifies…

Only cash donations to charities are eligible for the rebate.

As for anything purchased at a charity auction… well, you’re just buying something, not making a gift.

For more read: Purchases from a charity auction are not entitled to a tax rebate

Image courtesy of Stuart Miles at FreeDigitalPhotos.net