Charities

Charities

Salary Packaging

Special Edition

Charities, FBT, Payroll, Public

We are an income tax exempt ‘not-for-profit’ but are subject to Payroll Tax – do we include fringe benefits that relate to entertainment?

This articles explores whether entertainment fringe benefits provided by a NFP are subject to Payroll Tax.

ATO/General, Charities, Eligibility, Public

Member Q&A: Will new activities jeopardise an NFP’s income tax exemption?

Question We are a not-for-profit (NFP) sports club. We currently self-assess that we are income tax exempt. We have the...

ATO/General, Charities, Eligibility, Public

The ACNC’s Charity Register review project: What do you need to know?

Almost 400 charities that failed to submit two or more ACNC Annual Information Statements (AIS’s) have lost their registration. In...

ATO/General, Charities, Public

Accepting cryptocurrency donations

It is becoming increasingly common for charities and not-for-profits around the world to accept donations in the form of cryptocurrency....

Charities, FBT, Public

Changes to the ATO process of applying for refunds of franking credits

As 30 June approaches, one of the annual end year processes that may be required of a not for profit...

Charities, Eligibility, Public

Member Q&A – Is a PBI that is a DGR required to maintain a gift fund?

Question We are a public benevolent institution that is endorsed as a deductible gift recipient. Our constitution contains a clause...

Charities, Eligibility, Public

Angel Loop: A charitable purpose must be for the public benefit

Australian Charities and Not-for-profits Commission (‘ACNC’) registered charities are eligible for a number of tax concessions at both Federal, State...

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