Roewen Wishart, NeuRA Foundation Director, has three tips for you on how you can give for medical research while saving tax. How you help to fund medical breakthroughs Fortunately for medical research, our system of government provides ways you can support medical research. Firstly, when you pay tax you are contributing to Australia’s merit-based program to support research. NeuRA’s scientists […]
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NeuRA’s Foundation Director, Roewen Wishart, explains the best ways to contribute to medical research at tax time. Fortunately for medical research, our system of government provides two ways you can support medical research. One, when you pay your taxes you are contributing to Australia’s merit-based program to support research. NeuRA’s scientists have excellent success rates in the hotly contested grants […]
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Since 2001, the Australian government has enabled donors to create a simple form of private foundation now called the Private Ancillary Fund (previously, a private prescribed fund). These funds are “ancillary” because they exist only to support charities like NeuRA. Put simply, they are family-style trusts. They only distribute their income to deductible gift recipient charities, and they must distribute […]
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Australians as a whole have the giving habit, with 70% of us supporting charities. And when asked, 29% of people say they’d be willing to leave a gift in their will once family and friends had been provided for.
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June 30 has passed, but you may like to take advantage of two little known tax deduction benefits this financial year.
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