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

ATO Releases New NFP Guide on Tax Deductibility


30 June 2011 at 11:04 am
Staff Reporter
The Australian tax Office has released a new version of its GiftPack guide to help Not for Profits understand what to do if they want to receive tax-deductible gifts.

Staff Reporter | 30 June 2011 at 11:04 am


0 Comments


 Print
ATO Releases New NFP Guide on Tax Deductibility
30 June 2011 at 11:04 am

The Australian Tax Office has released a new version of its GiftPack guide to help Not for Profits understand what to do if they want to receive tax-deductible gifts.

The new Guide replaces the previous version issued by the ATO in December 2007

The Guide also helps donors who want to claim tax deductions for their gifts.

The ATO says the new version incorporates changes to tax law since the FGuide was last issued, including:

  • changes to the deductibility of political donations
  • the introduction of a new deductible gift recipient (DGR) category for private ancillary funds to replace prescribed private funds
  • the introduction of three new DGR categories for volunteer bushfire brigades
  • changes to the requirements for endorsement under the DGR categories for Higher education institutions and Affiliated residential educational institutions.

The complete Guide can be viewed at http://www.ato.gov.au/nonprofit/content.aspx?doc=/content/18699.htm

Organisations can request a printed copy by:
ordering it online at http://www.ato.gov.au/businesses/content.aspx?doc=/content/34875.htm or phoning 1300 720 092 and quoting 'NAT 3132' 



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.

Advertisement

Subscribe HR

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Your email address will not be published.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



YOU MAY ALSO LIKE

Impact 25 Awards: It’s time to pick your social impact leader of 2020

Maggie Coggan

Tuesday, 24th November 2020 at 8:27 am

ACNC strips charity status from hundreds of organisations

Luke Michael

Thursday, 19th November 2020 at 4:39 pm

Giving NFP leaders the tools to thrive in good times and bad

Contributor

Tuesday, 10th November 2020 at 7:00 am

New study shows targeted support needed for NFP sector

Luke Michael

Friday, 6th November 2020 at 5:35 pm

pba inverse logo
Subscribe Twitter Facebook
×