This post was written in partnership with Giving.sg and DollarBureau.com. Did you know that donating in Singapore can also be a smart financial move? Beyond being a heartwarming gesture when you give back in Singapore, it can give your wallet a friendly boost at the same time. That’s right, by making charitable contributions, you can be eligible for tax deductions. This means that not only are you helping a cause you believe in, but you can also reduce your taxable income and potentially save money on your taxes. Singapore has a generous tax deduction scheme for donations, allowing individuals and corporations to claim deductions for their charitable contributions. By taking advantage of this scheme, you can positively impact society while also enjoying potential tax benefits. In this post, we will explore the tax deduction for donations in Singapore and provide you with the information you need to maximise your tax savings.