Impact 25 Winners
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.




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

Tags : Taxation,

 Print

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published.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



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

The ‘hidden gem’ of philanthropy

Wendy Williams

Tuesday, 19th March 2019 at 8:44 am

Advocacy groups struggle amid growing NDIS waiting lists

Luke Michael

Wednesday, 20th March 2019 at 11:46 am

Australia’s largest social bond tackles affordable housing shortage

Luke Michael

Monday, 25th March 2019 at 4:49 pm

Impact 25 Winners
pba inverse logo
Subscribe Twitter Facebook

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

You have Successfully Subscribed!