Donations will go toward nomination fees for candidates and
promotional materials for the State Election, October 2024.
A political donation includes a contribution or entry fee or an annual or other subscription. You must also disclose a political donation of less than $1,000 if the total amount of political donations made by you in respect of the same party (or associated entity), elected member, group, candidate, third-party campaigner, or person in the same financial year is $1,000 or more. Penalties apply for failing to lodge a declaration.
Political donations are capped at $4,000 received per person or Organisation to the Party's campaign bank account and $6,000 amongst LCQ candidates campaign accounts, this makes a cap of $10,000 that can be received in total and there is mandatory reporting in real time for donations made over, $1000.
Donations by individuals to registered political parties of between $2 and $1,500 in a financial year are tax-deductible. Please consult with a tax professional for advice on this matter.
Westpac Bank
BSB: 034-610
A/c Number: 401085
A/c Name: LCQ Party