Advice

Considering your charitable choices when tax bill looms

November 28 2023 - 9:32am
Paying tax or making tax-deductible contributions for philanthropic purposes is a matter of how you believe your money is best used. Photo Shutterstock
Paying tax or making tax-deductible contributions for philanthropic purposes is a matter of how you believe your money is best used. Photo Shutterstock

Taxation is never far from the news, and it made headlines last week when entrepreneur Dick Smith announced that he was shocked to discover he had made a $5 million donation to charity, and as a result paid no tax for the year.

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