Forum Discussion

2 years ago

Solved

tax code for donations

Ive donated to the cancer council, what tax code is used for a donation my business has made?

FRE?

Princess_R
2 years ago
Hi kimberlybraham,

Thank you for your post, and welcome to the Community forum.

In this matter, I would recommend speaking to your accountant in regards to what tax codes should be used for donations. You may also refer to this Help article for further information about tax codes.

Please feel free to create a new post if you need help in the future. I'm happy to assist.

Cheers,

Princess

3 Replies

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Princess_R
MYOB Moderator
2 years ago
Hi kimberlybraham,

Thank you for your post, and welcome to the Community forum.

In this matter, I would recommend speaking to your accountant in regards to what tax codes should be used for donations. You may also refer to this Help article for further information about tax codes.

Please feel free to create a new post if you need help in the future. I'm happy to assist.

Cheers,

Princess
DuncanS
Ultimate Partner
2 years ago
kimberlybraham Princess_R

Kimberly,

Some Charities are registered for GST - some are not.

Make reference to the Tax Invoice/Invoice provided.

Duncan
Princess_R
MYOB Moderator
2 years ago
Hi DuncanS,

Thank you for your post. I would like to thank you for providing additional information regarding the tax code. This will help other users who might have the same query.

We always appreciate your support here in the Community forum.

Cheers,

Princess

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