Tax and charity giving: Is it time for an overhaul?
Podcast episode
About the episode
The fusion of tax breaks and philanthropy has given rise to what seems like an embarrassment of donations, both globally and in Australia. Yet the need for charity still nearly always outstrips supply.
On the surface, a high level of donations would seem to be the mark of a kind and responsible society. Nurturing a community of givers is the usual government rationale for providing tax advantages to donors.
The proportion of Australians making tax-deductible donations is trending down, which could mean either that fewer donations are being made or less people are claiming the deduction.
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INTHEBLACK Out Loud is presented by CPA Australia.
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CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:
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