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Community Development Support Expenditure (CDSE)
Scheme
What is CDSE?
Clubs that earn over $1 million annually in
gaming machine revenue provide funding for community projects and
services, and in turn receive dollar-for-dollar gaming tax
deductions. In 2007, clubs reported CDSE expenditure of over $71
million across New South Wales. The scheme was introduced in 1998 by
the NSW Government and allows clubs to claim a tax deduction of up
to 1.5% on gaming machine revenue over $1 million for monies spent
on community support. Introducing the legislation to establish the
scheme, the Minister for Gaming and Racing, the Hon Richard Face MP,
stated:
"This specifically recognises the valuable role
played by registered clubs in their local communities and provides
the Government with a more effective method of rewarding clubs for
the support they provide to these communities".
Under Category 1 of the CDSE Scheme for 2008
Panania Diggers donated $19,000.00 to the following Organisations;
Vietnam Veterans Association
Learning Links
Bankstown City Aged Care
Creating Links Cooperative Ltd
Under Category 2 of the CDSE Scheme for 2008
Panania Diggers donated $89,596.45 to the following;
Panania Memorial Bowling Club
Panania Women’s Bowling Club
Local Community Activities
Local Charitable Organisations
Panania Diggers Intra Clubs
Local Schools
See our Sporting and Social Groups page for a full list of groups Panania Diggers supports.
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