Tag "Eligibility"

Eligibility – Review of correlation of your activities and objects

In focussing on day to day activities and reacting to opportunities and suggestions em…

Read more

Eligibility – Certain Not-for-Profit Entities Entitled to Cash Refunds of Franking Credits

Companies operating in Australia are generally required to pay tax at the rate of 30% on their profits (28.5% for small businesses). …

Read more

Eligibility: Protecting Sensitive Information

The Australian Charities and Not-for-Profit Commission (ACNC) has issued a <a href="https://…

Read more

Eligibility: Numeric Identifier

The Need for only one Numeric Identifier for Dealings with the Commonwealth from 1 July 2016 The Commonwealth Treasury has issued <…

Read more

Eligibility: ACNC issues a Report Card on 2014 Annual Information Statements

Not the "A" List –  but "a list" to be avoided The Australian Charities and Not-for-Profits Commission <st…

Read more

Eligibility: Charities – limitations on advocating for legislative change

Charities will from time to time be faced with laws and governmental policies and practices which they view as inconsistent with (and possibly even a threat to) the achievement of their goals. This prompts a question as to the extent to which a body can engage in advocacy (eg promote or oppose change to a […]

Read more

Eligibility: Pay-roll Tax Exemption for NFPs: are all wages exempt?

A very interesting Pay-roll Tax case was handed down in NSW in July 2015 The case shines the spotlight on when Pay-roll Tax exemption does not apply to all wages by an otherwise exempt NFP entity. This is an area where there have been considerable recent developments.

Read more

Not-For-Profit (NFP) and Eligibility Issues

We include a summary of other tax and related matters relevant to the NFP sector …

Read more

Special conditions for not-for-profit entities with exempt income

Released on the 25th of February this Ruling outlines the special conditions that various entities listed in Div 50 of the ITAA 1997 must satisfy for their ordinary and statutory income to be exempt from income tax.

Read more

Charities Bills

The Charities Bill 2013 and the Charities (Consequential Amendments and Transitional Provisions) Bill 2013 were both passed by the House o…

Read more