ATO/General, Charities, Eligibility, Public
NFPs: Get ready for annual reporting of self-assessment of income tax exemption eligibility
In the June 2021 Tax Update (click here) we covered an announcement in the 2021-22 Federal Budget that will have...
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Charities, Eligibility, Public
Member Q&A: Can a local historical society secure Deductible Gift Recipient status?
Question We are a not-for-profit local historical society and the challenge of sourcing funding is never ending. Is it possible...
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Charities, Commercial, Councils, FBT, Payroll, Public
Pooled cars and the Reportable Fringe Benefits exclusion
Pooled cars and the Reportable Fringe Benefits exclusion – when does it apply? One of more frequent Reportable Fringe Benefit...
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Charities, Eligibility, Public
Land tax exemption – When is a charity exempt from land tax?
Overview Landowners are generally liable to land tax where the total unimproved value of their landholdings exceeds the prescribed land...
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Charities, Eligibility, Public
Enhancing the transparency of income tax exemptions for certain NFPs by way of requirement to submit online annual self review forms
Currently, non-charitable not-for-profits (NFPs) can self-assess their eligibility for income tax exemptions and do not have to report to, or...
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Charities, Eligibility, Public
Is your entity really a Public Benevolent Institution?
A Public Benevolent Institution (PBI) seeking deductible gift recipient (DGR) status is required to be registered with the Australian Charities...
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