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 and local government level. These concessions include income tax exemption, a FBT rebate, payroll tax and land tax exemptions etc. However, in order to qualify for, and maintain, ACNC charity registration, the applicant must be […]
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