To gain a tax deduction for such a gift, the land must be valued at over $5,000. The donor must seek a valuation from the Australian Valuation Office (AVO) - part of the Australian Tax Office - which can be done before or after making the gift.
A Request for Valuation form must be lodged with the AVO along with a Certificate of Donation, which describes the gift and confirms its donation to the Nature Conservation Trust of New South Wales.
You can obtain the forms Request for Valuation, Certificate of Donation and Certificate of Authenticity from the AVO at:
Philanthropy Program
Australian Valuation Office
PO Box 911, Dickson ACT 2602
Phone: (08) 8218 9008 or (02) 6229 3401
Fax: (08) 8212 6090
Or visit the Australian Tax Office's website.
Donors with specific requirements e.g. retaining land for a stated purpose, should consult with the Nature Conservation Trust before finalising their intentions, as future land management cost would need to be considered.
To discuss your intentions, please contact us or call (02) 6365 7543.
.JPG&w=180&h=141&zc=1&hash=a1020010489ba7c3f70df9ab3b92e6a9)
