Clubs promised tax relief

Four Peninsula registered clubs would pay a combined $1.62 million less tax over four years under a "Clubs and Community Rescue Package" proposed by the State Opposition.

NSW Opposition Leader Barry O'Farrell and the Central Coast Liberal Team met with Central Coast clubs on Monday, October 18, to discuss the package.

Everglades Country Club, Woy Woy and District RLF Club, Ettalong Beach War Memorial Club and Club Umina are among clubs on the Central Coast that would benefit from the package.

The package aims to secure the viability of the Central Coast's registered clubs and the local sporting, charity and community groups they support.

"Registered clubs already make a significant contribution to local communities and under our Clubs and Community Rescue package they will be able to contribute even more to local sporting clubs, charities and community groups," Mr O'Farrell said.

Mr O'Farrell claimed the four clubs would contribute an additional $560,000 in clubs grants across the four years of the package.

"Labor's clubs tax has hurt the community. Sports, charity and community-based organisations rely on their local registered club for support, yet Labor's unfair tax regime has put that support from clubs at risk."

The Opposition has estimated that tax savings for Everglades Country Club would be $53,345, Woy Woy & District RLF Club would save $47,647 while Ettalong Beach War Memorial Club would save $271,514 and Club Umina would save $33,401.

"Under our plan, tax rates will be reduced, ensuring that clubs remain viable.

"In return for this reduction in the clubs tax, clubs will be required to do even more on top of the great work they already do for local communities."

Mr O'Farrell said that, across the State, clubs would save $300 million in tax over the next four years, but increase their "social contribution" by $272 million in the same period.

Media release, 18 Oct 2010 Jaymes Boland-Rudder, Office of Barry O'Farrell MP