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New Deductible Gift Recipient (DGR) category for Men’s Sheds and Women’s Sheds

2 days left to have your say
Date
-
Consultation Type
Consultation Paper

Key Documents

Treasury is seeking submissions on the draft bill and explanatory memorandum for the new deductible gift recipient (DGR) general category for sheds.

In the 2019-20 Budget, the Government announced it will establish a DGR general category to enable Men’s Sheds and Women’s Sheds (Sheds) to access DGR status from 1 July 2020. The Government’s decision will be implemented through an amendment to the Income Tax Assessment Act 1997.

DGR status allows an organisation to receive gifts for which donors are able to claim an income tax deduction for gifts of $2 or more from the date specified in the legislation. The DGR tax arrangements are intended to encourage philanthropy and provide support for the not-for-profit sector.

Please refer to the FAQs for more information.

Responding

365体育网站You can submit responses to this consultation up until 14 February 2020. Interested parties are invited to comment on this consultation.

While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.

Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

View our submission guidelines for further information.

How To Respond

Email

DGR@francestadium.com

Post

365体育网站Address written submissions to:

The Manager, Indirect Taxes and Not-for-Profit Unit
Individuals and Indirect Tax Division
Langton Crescent
Parkes ACT 2600

Enquiries

Email: DGR@francestadium.com
365体育网站 Phone: Shona Raine +61 6263 3280