Cultural gifts program


When
2021
Who
Office for the arts, department of infrastructure, transport, regional development and communications
Website of the policy/measure
Read the full report

Description of the policy/measure

Under the cultural gifts program (cgp), the australian government offers a tax incentive to encourage taxpayers to donate culturally significant items to australian public collections for all australians to access. individuals and organisations who pay tax in australia can claim tax deductions for donating australian and international artistic and cultural items. recipients of donated items must be an australian public collecting institution holding the appropriate registrations with the australian taxation office.

Results achieved

The cgp has proven to be an efficient way for the australian government to support public collecting institutions to grow and diversify their collections. in terms of dollar values, the cgp produces the following outcomes: • in the australian financial years 2018-2019 and 2019-2020, 863 donors donated a$127 million worth of cultural items to 182 public collecting institutions. • on average, approximately a$6.5 million worth of cultural items are donated to the collections of regional and remote public institutions each year. in addition, the cgp provides a pathway for artists and creative workers to reduce their tax liability. thirty-seven per cent of donors were the maker or creator of the donated cultural items. the cgp also facilitates the diversification of collections with items being donated in over 135 different types of art and cultural classifications.