New Office-Bearers? - Advising the Tax Office
21 October 2002 at 1:10 pm
Many Not for Profit organisations elect office bearers for an annual term, and their authorised contact people often change from year to year but many neglect to inform the Tax Office.
To assist the ATO to protect your organisation’s privacy, and provide office bearers with access to the information they require to perform their duties, it asks that Not for Profits and other organisations notify them when there has been a change of office bearers authorised to make inquiries about the organisation’s tax affairs.
The Tax Office recommends that you notify it of these changes as soon as they happen to avoid delays.
Under the law, a change in public officer must be notified within 28 days after becoming aware of the change.
The Tax office has prepared a Fact Sheet to assist in the notification of changes.
The document explains how to notify the ATO of changes to your organisation, where to find notification forms, the requirements for companies and certain unincorporated associations to have a public officer, and information disclosed on the Australian Business Register (ABR) about your organisation.
Tax laws including A New Tax System (Australian Business Number) Act 1999 and the Privacy Act protect the privacy of information it stores about your organisation’s affairs. It is an offence for a tax officer to wrongfully give that information to anyone other than an authorised user.
If you would like an electronic version of the Tax Fact Sheet, just send us an email to probono@probonoaustralia.com.au.
