Q1: Is my donation tax exempted?
A: Yes, WWF Malaysia is an NGO under sub-section 44 (6) of Income Tax Act 1967, all cash donations are tax deductible (applicable only to donations made within Malaysia).
Q2: Is there a minimum amount of donation required for me to be eligible for tax-exemption?
A. No. You are free to donate as much or as little an amount. However, please note that we have a certain level of administrative cost that needs to be maintained (postage, notification systems etc), as such we require at least RM10 should you wish to claim for tax-exemption.
For donations of RM10,000 and above in a single receipt, we are required to declare to the Inland Revenue Board of Malaysia.
Q3: What information do you need from me if I want to get a tax-exempt receipt for donation?
A: The Inland Revenue Board (IRB, or commonly known as LHDN, Lembaga Hasil Dalam Negeri) has recently issued the revised Guidelines for Approval of Director General of Inland Revenue under Subsection 44(6) of the Income Tax Act dated 15 May 2019 (“Revised Guidelines"). The Revised Guidelines supersede the previous Guidelines dated April 2005 (“Previous Guidelines”).
Based on the Revised Guidelines, the individual donor is required to provide complete information of the following details in order to obtain an official tax exemption receipt from the organisation:
a. Donor’s name
b. Identity card number / passport number
c. Complete address
The Revised Guidelines also states that approved institution or organisation should not issue tax exemption receipts to donors who failed to provide their complete personal information.