Blue Mountains News

DGR status Blue Mountains Men's and Women's Sheds

By Office of Senator Payne
Archived 26 Nov 2020 - Posted: 26 Sep 2020
Donors to Men's and Women's Sheds across Western Sydney will now able to claim an income tax deduction for gifts of $2 or more.

Men's and Women's Sheds in the Blue Mountains now qualify for Deductible Gift Recipient (DGR) status under changes made by the Morrison Government to the Income Tax Assessment Act 1997.

The Sheds will join charities including the Red Cross, World Vision and The Smith Family which already have this status, known as a Deductible Gift Recipient status.

Assistant Minister for Finance, Charities and Electoral Matters, Senator the Hon Zed Seselja, said the legislation would support Sheds in accessing fundraising.

"I am proud that through delivering DGR status for Sheds the Government is partnering with the public in each donation they make, offering a tax deduction for those who donate to Sheds and incentivising more Australians and philanthropists to support their local Shed and the amazing work they do," Assistant Minister Seselja said.

"This legislation comes at such an important time, when COVID-19 has reminded us all of the importance of community and mental well-being."

Liberal Senator for Western Sydney, Senator the Hon Marise Payne, said 'shedders' were part of the fabric of the Blue Mountains community.

"For many locals, the sheds are a place to come together, including to create furniture, pottery and art. They also form invaluable, informal support networks which make a real difference to their members' wellbeing," Senator Payne said.

"The Blue Mountains are home to some really hard-working sheds, like the Central Mountains Men's Shed led by Greg Birtles. For months now, it's been all hands-on deck as they've been constructing their 'West Wing' project, which I know they're very excited about."

Sheds will have to register with the Australian Tax Office for this status.

 
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