You can only claim a tax deduction for gifts or donations to organisations that have the status of deductible gift recipients (DGRs). The amount you can claim depends on the type of gift. For gifts of money, it is the amount of the gift but it must be $2 or more. A tax deduction for most gifts is claimed in the tax return for the income year in which the gift is made. However, you can elect to spread the tax deduction over five income years in certain circumstances.