New Guidelines – GST and disclosures, the caps, and claims for funding

The NSW Electoral Commission (NSWEC) has issued 3 new guidelines about the application of the GST to disclosures of political donations and electoral expenditure, the donation and expenditure caps and claims for public funding.

The new guidelines require the GST component of political donations and electoral expenditure to be disclosed and be subject to the relevant caps; and confirm the NSWEC will not make public funding payments that include the GST component of expenditure if the claimant is entitled to a tax credit.

The guidelines are numbered 23, 24, and 25 on the General Guidelines page of the NSWEC website.  Further information about disclosures of political donations and electoral expenditure can be found in this fact sheet.  Further information about public funding can be found in this fact sheet.

The NSWEC may issue and determine guidelines about anything in the Election Funding, Expenditure and Disclosures Act 1981 ("the Act"), which are consistent with the Act and Election Funding, Expenditure and Disclosures Regulation 2009. The purpose of these guidelines is to clarify rules in the Act, ensure that political donations and electoral expenditure are disclosed correctly, and assist political stakeholders' understanding of the rules.