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

ATO Updates GiftPack Guide


23 February 2008 at 12:22 pm
Staff Reporter
The Australian Tax Office has released a new version of its guide called GiftPack. The new version replaces the previous version that issued in July 2006.

Staff Reporter | 23 February 2008 at 12:22 pm


0 Comments


 Print
ATO Updates GiftPack Guide
23 February 2008 at 12:22 pm

The Australian Tax Office has released a new version of its guide called GiftPack. The new version replaces the previous version that issued in July 2006.

GiftPack helps organisations understand what they need to do if they want to receive tax deductible gifts.

It also helps donors who want to claim tax deductions for their gifts.
The new version incorporates changes to the tax law since the guide last issued.

These include:
– changes to the gift fund requirements for deductible gift recipients (DGRs)
– making the existing record keeping requirements for DGRs explicit in the tax law
– extending the Tax Office’s review powers to include DGRs listed by name
– changes to the limits for tax deductible contributions, and
– new tax deductions for gifts of shares valued at $5,000 or less.

To download sections of the GiftPack or order hard copies online go to: http://www.ato.gov.au/nonprofit/content.asp?doc=/content/18699.htm



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Your email address will not be published.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

Yabun festival goes digital

Maggie Coggan

Friday, 22nd January 2021 at 4:20 pm

How your job hunt has changed in 2021

Maggie Coggan

Friday, 22nd January 2021 at 3:25 pm

Think there is nothing you can do? Think again…

Contributor

Thursday, 21st January 2021 at 7:15 am

Australians in poverty need a bounce-forward recovery

Kate Harrison Brennan

Wednesday, 20th January 2021 at 5:38 pm

Equity Trustees - Giving Review
pba inverse logo
Subscribe Twitter Facebook
×