The federal government is backing men’s and women’s sheds in Far North Queensland by unlocking new fundraising potential.
Federal Leichhardt MP Warren Entsch said the government would introduce a new law that will make donations to men’s and women’s sheds tax deductable.
He said this meant from 1 July 2020 anyone who donates $2 or more to a shed can claim an income tax deduction for that donation.
“Men’s and women’s sheds are a great Australian success story. They have evolved into a vital part of many Far North Queensland communities,” Mr Entsch said.
“Every day, men’s and women’s sheds in Far North Queensland provide support, and now it is our turn to provide more support to them.
“This will give members of our community an extra incentive to make a donation and provide support to our local men’s and women’s sheds.”
Mr Entsch said this would also secure the financial stability of some existing sheds, allow for the expansion of others or even assist in the creation of more across Far North Queensland.
“Men’s and women’s sheds are at the centre of so many communities across Far North Queensland,” he said.
“They provide a place for some to build and create, while for others it’s a reason to get up every day.
“I am proud that we are able to provide this support to men’s and women’s sheds and in turn to our communities. Bringing Australians together is part of our plan for a stronger economy.”