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Parliamentary Replies
Donations to Arts, Cultural and Heritage IPCs Qualifying for 250% Tax Deduction in Past Five Years
Topics
Tax-Related (Income Tax)
Tax-Related (IPC)
Tax-Related (Others)
6 March 2025
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Parliamentary Question by Ms Usha Chandradas:
To ask the Prime Minister and Minister for Finance (a) what is the total value of donations made to arts, cultural and heritage Institutions of a Public Character (IPCs) that have qualified for the 250% tax deduction under the Income Tax Act in the past five years; and (b) what proportion of all tax-deductible donations to IPCs do these contributions represent over the same period.
Parliamentary Reply by Second Minister for Finance, Mr Chee Hong Tat:
The information requested for the latest available five-year period from 2019 to 2023 is in Table 1. This can be obtained from the publicly available Commissioner of Charities Annual Reports.
Table 1: Total Tax Deductible Donations (TDDs) to Arts & Heritage Institutions of a Public Character (IPCs) and as a proportion of all IPCs
Calendar Year | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
TDDs to Arts & Heritage IPCs ($’m) | 59.7 | 34.5 | 32.2 | 32.0 | 41.3 |
TDDs to all IPCs ($’m) | 1,015.0 | 1,012.8 | 1,033.4 | 1,084.4 | 1,183.1 |
Proportion of TDDs to Arts & Heritage IPCs (%) | 5.9 | 3.4 | 3.1 | 3.0 | 3.5 |