New Deductible Gift Recipient (DGR) category for Men’s Sheds and Women’s Sheds, closes on 14 February 2020 (Friday)

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.

Interested parties can submit responses to this consultation up until 14 February 2020.


On the blog

How Are the Entities Specifically Listed in the Income Tax Act Selected? The Case for Reform of Tax Deductibility of Donations, by Fiona Martin (25 Feb 2019)

Understanding the Tax Price of Charitable Giving, by Ross Hickey (16 Jul 2019)

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