Criterion
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Leadership

ATO Releases New NFP Guide on Tax Deductibility


Thursday, 30th 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.

Thursday, 30th June 2011
at 11:04 am
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
ATO Releases New NFP Guide on Tax Deductibility
Thursday, 30th 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' 




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

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Your email address will not be published.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

US Philanthropy Leader Warns Against Spending On ‘Fad’ Issues

Maggie Coggan

Wednesday, 5th September 2018 at 5:08 pm

Five Ways Charities Can Maximise Donations Online

Nicholas Soraghan

Thursday, 9th August 2018 at 4:32 pm

A Dose of Reason, Perspective and Clarity

Mark Fowler

Friday, 3rd August 2018 at 2:59 pm

POPULAR

$50 million Up For Grabs to Help NFPs Drive Change

Maggie Coggan

Monday, 17th September 2018 at 4:21 pm

Australia’s Most Innovative NFPs Highlighted

Luke Michael

Thursday, 13th September 2018 at 8:41 am

Choice and Control At Risk For NDIS Participants

Luke Michael

Tuesday, 25th September 2018 at 8:54 am

Philanthropic Leader Calls to Overhaul Economic System

Maggie Coggan

Thursday, 13th September 2018 at 8:52 am

Criterion
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!