Consultation period: 10 June to 1 August 2025
Treasury is inviting feedback on changes to giving funds’ distributions. The tax law currently describes giving funds as ancillary funds.
The changes will:
- align the annual distribution rate between public and private giving funds
- increase the annual distribution rate
- allow funds to smooth distributions across years
- rename ancillary funds to giving funds in the tax law.
This consultation paper:
- outlines how a higher distribution rate will affect funds and charities
- describes principles for smoothing distributions
- seeks feedback on the distribution rate and principles.
Further information is available here.
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