Sidebar

Donor Benefits

Tax Benefits

Singapore Tax residents are eligible for a tax deduction that is 2.5 times the gift value for gifts made in year 2021 – 2023.

When the tax deduction for the donation is more than your taxable income (for both individuals and companies) for the year, the donor is allowed to carry forward the unutilised deductions for a maximum of 5 years.

For example, a donation made in 2011, and allowed for deduction in YA 2012, will be allowed to be carried forward (if tax deduction for the donation exceeds the income for 2011) up to YA 2017.

For more information on tax deductible, please visit

https://www.iras.gov.sg/IRASHome/Individuals/Locals/Working-Out-Your-Taxes/Deductions-for-Individuals/Donations/

You may find out more about the different types of donations and their respective tax deductibility. There is also information on how to claim tax deductions.

Naming Opportunities

To recognise the generosity of our donors, NUS offers naming opportunities. You can make a gift to honour individuals such as mentors or loved ones, or corporations or foundations.

Recognition

Your contribution may be acknowledged by the NUS community through our internal publications and website.

 

  • Home
  • Donor Benefits