Tax Deductible Donations

https://asf.org.au/projects/shoalhaven-rowing-club/rowing-equipment-funds-2023-24

By clicking on this link you can use the Australian Sports Foundation platform to donate to Shoalhaven Rowing Club.

DID YOU KNOW YOUR DONATION IS TAX DEDUCTIBLE?

The Australian Sports Foundation (ASF) is the only deductible gift recipient for sport in Australia. This means that donations of $2 or more to approved projects on our their website are tax deductible.

Shortly after making your donation, you’ll receive an official receipt from the ASF that you can use in your income tax return.

Here are some examples of a net cost to you of $100 at different tax rates

If your taxable income is greater than $120,000, a donation by you of $164 to ASF results in the club receiving $156 … once you apply your deduction, your net cost is $100. (Based on a 39% tax and medicare rate).

If your taxable income is greater than $180,000, a donation by you of $189 to ASF results in the club receiving $180 … once you apply your deduction, your net cost is $100. (Based on a 47% tax and medicare rate). 

If your taxable income is greater than $45,000, a donation by you of $153 to ASF results in the club receiving $145 … once you apply your deduction, your net cost is $100. (Based on a 34.5% tax and medicare rate).