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Tax Office Statistics - 2005 Update
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9 May 2007 Analysis of the latest Tax Office Statistics by charity researchers Givewell, published this week, confirms a consistent trend in increased claims of tax deductions for donations to charities and other public funds over a period of 12 years. Claims by individuals for tax deductible gifts of $1,472m were made in the 2005 tax year having risen from $1,165m in 2004 which is an increase of 26% (up from 18% in 2004 and 7.5% in 2003). An extra 439,000 taxpayers made a claim for a gift deduction in 2005 – contributing to an increase of more than 1,053,581 individuals (32%) claiming gift deductions over the last 10 years. The full analysis of the statistics, showing 12 year trends, is available via email exclusively to paid subscribers to the Givewell Research Centre. Contact research@givewell.com.au to request your copy. |
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