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END OF Financial YEAR Donations - Tax deductible This has been one of the toughest years Horse Shepherd has faced. Firstly, the challenging economic conditions in Victoria, and more broadly, have seen many charities close to folding as donations are reduced heavily. As many of you are aware, the drought has significantly increased feed costs, tripling the price of hay. And with many compromised horses and ponies our vet bills remain a necessary part of what we do. Thankfully we have a very suppo
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Important tax update to be aware of as you plan for year-end. Recent changes to tax rules may impact how charitable donations are written off on your taxes. Depending on your filing status and whether you itemize deductions, your donations may be treated differently than in prior years. This means some taxpayers may no longer see the same tax benefit they expect, even though their generosity still makes a meaningful impact. Before making year-end donations with the expectation of a tax write-off
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