New food donation tax offset – KPMG submission to Senate Committee

KPMG has lodged a submission to the Senate Economics Legislation Committee regarding the proposed tax offset, which builds on a concept originally developed by Foodbank Australia and modelled by KPMG.

This is the second article in our two-part series. This article outlines our recommendations to the Senate Committee in relation to the legislation. Our first article provides an overview of the proposed food donations tax offset rules and is available here. KPMG has lodged a submission to the Senate Economics Legislation Committee in relation to the legislation which proposes a new food donation tax offset for expenditure incurred in undertaking food donations activities for registered foo...

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Authors: Alia Lum, Georgie Aley,

Published Date: 05 September 2024