Close Search
 
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

ATO and Gift Funds


15 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.

Staff Reporter | 15 September 2003 at 1:09 pm


0 Comments


 Print
ATO and Gift Funds
15 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.



PB Careers
Get your biweekly dose of news, opinion and analysis to keep you up to date with what’s happening and why it matters for you, sent every Tuesday and Thursday morning.

Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers? Get in touch at news@probonoaustralia.com.au or download our contributor guidelines.

Tags : Taxation,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Your email address will not be published.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



YOU MAY ALSO LIKE

What does a COVID-normal office look like?

Maggie Coggan

Thursday, 28th October 2021 at 3:32 pm

How do charities and not for profits best respond to detractors?

Sonya Parsons

Thursday, 28th October 2021 at 8:23 am

pba inverse logo
Subscribe Twitter Facebook
×