No I don't get a tax deduction. Dick Smith Foods is a separate entity that I set up and I volunteer my time to it for the satisfaction I get.
We always have profit which we pay full company tax on and then donate the balance to the charities we support.
I don't consider the $1 m comes from me. I consider it comes from the thousands of customers who support our farmers by purchasing Dick Smith Foods products.
Many people in the country need aircraft to exist. Hopefully this money will go to help some farmers stay on the land during this terrible drought .
I sincerely ask those who can afford it to go to the Aussie helpers website and send off a donation. This will generate Karma and good things will happen to you.
It's certainly worked for me.
Last edited by Dick Smith; 14th Dec 2015 at 22:42.