Gifts to the value of $2 or more made on or after 8 July 1998 to APACE Overseas Development Assistance Fund will be deductible for income tax purposes, the Assistant Treasurer, Senator Rod Kemp, announced today.
The Fund has been established by the Appropriate Technology for Community and Environment (APACE) Incorporated to raise money for the relief of persons in developing countries.
Taxpayers should ensure that they receive a receipt for their donations and that they quote the above fund when claiming a deduction in their income tax returns.
CANBERRA
10 July 1998
Contact Officers:
Penny Farnsworth,
Assistant Treasurers Office
(02) 6277 7360
Troy Czabania,
Australian Taxation Office
(02) 6216 1200