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Deductable donations calculator launched

Tax

The Australian Cancer Research Foundation (ACRF) has partnered with H&R Block to deliver an online calculator that allows individuals to calculate the tax they will receive back from charitable donation, as well as exactly what their donation has the capacity to fund.

By Staff Reporter 8 minute read

"We hope that by being transparent and showing donors how much influence even a small donation can have on the work that’s being done in cancer research, it will help them understand how truly valuable their support is," Professor Ian Brown, the CEO of the ACRF, said.

The foundation said the support of H&R Block, as well as other corporate partners, continues to help ACRF provide the sector with the lifeline that it needs.

Brodie Dixon, managing director of H&R Block, said the tax accountants network was thrilled to partner with the ACRF.

"At H&R Block we value the health and wellbeing of all Australians, so we're proud to assist ACRF in its goal to deliver the highest impact in an area of vital need.

"Too many people are suffering from the effects of cancer, so being even a small part of the solution is both humbling and gratifying," Mr Dixon said.

Last year, donations to the ACRF went towards equipment that is being used to further develop personalised cancer treatments, detect lung cancer before it spreads, and examine native Australian plants to see if they can be used to develop new cancer treatments.

The ACRF is the only national charity in Australia with the sole purpose of making advanced equipment and technology more accessible to Australian cancer researchers, regardless of the type of cancer they study. This is helping prevent the best and brightest scientists from moving elsewhere or changing jobs.

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