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ARTICLE · 21 DECEMBER 2020

Good News - New DGR category for Community Sheds

A new specifically listed DGR category identifies Community Sheds as eligible recipients of tax-deductible donations.

AustraliaTax

With the introduction of the Federal budget which was delivered on 1 October 2020 the Treasurer announced a new specifically listed category under item 1.1.9 of the Income Tax Assessment Act 1997 identifying Community Sheds as eligible recipients of tax-deductible donations.

The result is a consequence of several months of submissions from the relevant group which has operations in all communities across Australia and from a very small idea has grown to a positively recognisable benefit in the community. The Shed membership formerly relied upon those participating for revenues and some of the Shed communities would sell items that they had made during their workshop times but with the DGR categorisation there will be a boost to funding and a positive guarantee and a complete endorsement of the purposes and objects within the charitable law context.

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