Donation/Entry Fee Question


Question:Posted 17th March, 2016A charity organisation is running an event which is ticketed and 100% of the ticket proceeds go to the charity. Is the purchase of entry to the charity event claimable as a deduction in tax?Answer: The charity would need to be a registered DGR (Deductible Gift Recipient) with the ATO, and the donor would need to be receiving nothing in return (e.g. no dinner or other benefits).However, if the cost of the ticket is merely a right to attend an eligible fundraising event (e.g. ticket to attend a charity ball, conducted by the DGR) then the cost will be tax deductible.