Good 360
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  | 

ATO and Gift Funds


Monday, 15th September 2003 at 1:09 pm
Staff Reporter
Organisations that are endorsed by the Australian Tax Office as deductible gift recipients (DGRs) must maintain a gift fund.

Monday, 15th September 2003
at 1:09 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
ATO and Gift Funds
Monday, 15th September 2003 at 1:09 pm

Organisations that are endorsed by the Australian Tax Office as deductible gift recipients (DGRs) must maintain a gift fund.

To help organisations understand the gift fund requirements, the ATO has a web page fact sheet answering frequently asked questions on how to set up, maintain and wind up a gift fund.

The ATO says the failure of some DGRs to comply with the gift fund requirements puts their concessional status in jeopardy, and is a compliance focus for the Tax Office in 2003-2004.

Pro Bono Australia has downloaded the Fact Sheet into Word format. If you would like an electronic copy send us a email to probono@probonoaustralia.com.au.



FEATURED SUPPLIERS


Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

Yes we’re lawyers, but we do a lot more....

Moores

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

More Suppliers

Tags : Taxation,

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Court Decision Points the Way to DGR Category Simplification

Lina Caneva

Tuesday, 24th June 2014 at 11:00 am

NDIS Levy Confirmed

Staff Reporter

Tuesday, 30th April 2013 at 10:44 am

Charity Regulator to Clash with State Regulators

Staff Reporter

Tuesday, 31st July 2012 at 12:16 pm

New Amendment Shores Up NFP Payroll Tax Loophole

Staff Reporter

Wednesday, 25th July 2012 at 2:52 pm

POPULAR

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

Concerns Raised Over New ACNC Board Appointments

Luke Michael

Monday, 20th November 2017 at 2:28 pm

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Adelaide at the Vanguard of Ending Street Homelessness Globally

Wendy Williams

Tuesday, 21st November 2017 at 8:43 am

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Good 360
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!