What is a donation?When considering the GST treatment of “donations” it is important to establish whether any conditions apply:
Procedures for Receipting Donations
PreambleUnder the new tax system Flinders University has registered and been given endorsement as a “Deductible Gift Recipient”. With this endorsement comes certain requirements and responsibilities.
In order to continue this endorsement the following procedures will need to be implemented.
Listed below are examples of what a gift is/is notGifts/donation include:
The following are not considered donations:
When you receive monies and you are unclear if it is a donation please call extension 12301 for guidance.