Unleash Your Inner Superhero: Give Back Like a Boss!

Hello Chasers,

Aussies are known for their mateship, but let’s face it, our wallets sometimes lag behind our hearts. 

Disasters strike? 

We’re there with clothes, cans, and cheers. 

But when it comes to cash donations, compared to other countries, we’re like Robin Hood without his trusty pouch of gold.

Here’s the deal:

  • We donate 0.81% of our income, while champs like the US hit 2.1%.
  • The good news? We’re getting better! Tax-deductible donations are on the rise.
  • And $2.6 trillion will change hands soon – imagine the impact if even a sliver went to good causes!

Giving Back: Beyond Baked Sales and Car Washes

Forget bake sales and car washes (though kudos if you rock those!). 

We’re talking strategic philanthropy, like:

  • One-time donations: Support a cause close to your heart. Every bit counts!
  • Regular micro-donations: Sponsor a child, join a giving circle, or become a crowdfunding champion. Small change, big impact!
  • Structured giving: Got a bigger chunk to share? Consider a Private Ancillary Fund (PAF), testamentary trust, or giving circle. Tax breaks and long-term impact!

Structured Giving: Your Personalised Giving Machine

Think of it as your own Batcave for good deeds. 

Choose your vehicle:

  • PAF: Your own mini-charity, perfect for families or businesses. Think trust fund for good!
  • Testamentary trust: Leave a legacy by giving after you’re gone. Future you is high fiving you!

The Perks of Being a Giving Guru:

  • Tax breaks: The ATO rewards your generosity!
  • Impact that matters: See your contribution make a real difference. Feels good, doesn’t it?
  • Legacy building: Create a family tradition of giving back. Your grandkids will thank you!

Ready to unleash your inner giving superhero? 

We’re here to help you find the perfect way to make a difference. Let’s chat and turn your good intentions into real impact! Contact our office on 03-55612643.

Don’t forget to share this article! The more people who know, the bigger the wave of generosity we can create.

Have a great day!

Read more of our daily blogs for valuable insights and stay up-to-date with the latest industry news – click here to access the full article on our blog page.

Share This

Related Posts

Featured
4 Min Read

Designing Your Lead Magnet

Hello Chasers!  Today, we’re diving deeper into the Lead Funnel Formula, and it’s all about attracting those dream customers without being too sales-y. Let’s go as we’re about to become lead magnet matchmakers! Remember the “Consistent…
Read Full Article
Featured
4 Min Read

Jail Sentence for Fraudulent Developer

Hello Chasers, Here’s another example of tax crime that doesn’t pay! A developer who conspired to lodge fraudulent business activity statements has been convicted and sentenced to 10 years in jail with a non-parole period of…
Read Full Article