Donation Tax Savings
Tax Savings at a Glance
| Donation type | Chargeable income before donation | Donation to HCSA Community Services | Tax relief (250%) | Chargeable income after donation | Tax saved |
|---|---|---|---|---|---|
|
Individual donation |
$180,000
(tax $17,550) |
$5,000 |
$12,500 |
$167,500
(tax $15,300) |
$2,250 |
|
Corporate donation |
$400,000
(tax $68,000) |
$10,000 |
$25,000 |
$375,000
(tax $63,750) |
$4,250 |
By generating social impact through a $5,000 donation to HCSA Community Services, this individual donor enjoys $2,250 in tax savings, which can be channelled to other worthy causes or personal financial priorities.
Similarly, by supporting HCSA Community Services with a $10,000 corporate donation, your company enjoys $4,250 in tax savings, which can be reinvested into broader CSR commitments or other strategic initiatives that benefit the community.
Who can Enjoy This Tax Benefit?
Tax deductions on donations to HCSA Community Services are available to:
- Individual donors, who are tax residents in Singapore
- Corporate donors, such as companies incorporated in Singapore
- Bodies of persons, such as clubs, trade associations, management corporations and town councils, that are subject to tax in Singapore
To enjoy tax deduction on your donation:
- The donation must be made to an approved Institution of a Public Character (IPC), such as HCSA Community Services
- You must provide your tax reference number (e.g. NRIC/FIN/UEN) at the point of donation so that details of your donation can be transmitted to IRAS
IRAS will typically reflect the tax-deductible amount in your annual tax assessment, without any additional action required on your part.
Donate to HCSA Community Services
Who are You Helping?
When you donate to HCSA Community Services, you help build safer, warmer homes and more inclusive communities through:
- HCSA Highpoint – supporting men in their recovery and reintegration so they can live stably and safely in the community
- HCSA Dayspring – providing trauma-informed care and a restorative environment for teenage girls who have experienced trauma
- HCSA SPIN – walking alongside single parents and their children with practical, emotional and social support
- HCSA Academy – equipping individuals with skills and training that support meaningful work and more secure home environments
As a charitable organisation with Institution of a Public Character (IPC) status, donations to HCSA Community Services qualify for 250% tax deduction, enabling donors to empower social good while also enjoying tax savings.