Most of you are just doing the discretionary trust distributions before the 30 June deadline, but there is another (and dare I say it, a real) tax driven deadline....giving a tax-deductible donation to DBSC.
As the People's Prince declared at the recently held 60th Congress, Dene Bergman, the boat and not the legend, will be having tubal work. The 18s are paying for half the work, and DBSC is paying for other half.
If you can afford to help, Troublemaker helpfully has given us a guide to tax effectively contributing (this is the distillation of the 100 page pitch book his work grunts produced on Sunday morning):
The ASF donation page is https://asf.org.au/organisation/double-bay-sailing-club-incorporated/
People can donate on that page to one of four funds:
1. General purpose DBSC fund -- this can be used by us for any purpose and is the preferred method for everything other than high performance development. Donate to this by clicking on the "make a tax deductible donation" button near the top of the web page
2. Facility upgrade fund -- separate section at the bottom of the web page
3. High performance development fund -- separate section at the bottom of the web page
4. Equipment upgrade fund -- separate section at the bottom of the web page.
Troublemaker has advised the EFT option is the best for DBSC as it has the lowest fees paid to the ASF, but needs to be received before 28 June. The credit card option can be done up to the 30 June.