Take Survey
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Politics

ATO Calls for NFPs to Update Their Details


Thursday, 19th April 2012 at 10:33 am
Staff Reporter
The Australian Tax Office has called on organisations that are endorsed as tax concession charities to update their details before the new charity regulator begins operation.

Thursday, 19th April 2012
at 10:33 am
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
ATO Calls for NFPs to Update Their Details
Thursday, 19th April 2012 at 10:33 am

The Australian Tax Office has called on organisations that are endorsed as tax concession charities to update their details before the new charity regulator begins operation.

In the letters sent nationally, the ATO asked each organisation to review its details and charity endorsement status and to inform the Tax Office if anything has changed.

The ATO says it is important that the details it holds are up-to-date as it will be providing this information to the proposed new national regulator, the Australian Charities and Not-for-profits Commission (ACNC).

From 1 October 2012, the Government has proposed that:

  • the ACNC will be responsible for determining charity status for all Australian Government purposes and for maintaining a charity register
  • existing charities endorsed by the ATO as income tax exempt will be automatically registered with the ACNC
  • the ATO will continue to be responsible for administering tax concessions for charities.

The ATO says it can only discuss an organisation's tax affairs with the authorised contact listed on its records.

If the authorised contact person has changed, organisations need to advise the ATO, to enable the new contact person to access or update information.

Additionally, organisations need to tell the ATO if they have changed their:

  • legal or trading name
  • postal, email or business address
  • associate details (including public officer, director, office bearer, partner or trustee)
  • main business activity.

For more information on how to update details go to the ATO fact sheet How do you ensure we can speak to your organisation's representative? 

 

Like this story? Want more? Subscribe to our Online News Service – it’s FREE




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

Superficial Proxy Measures – the Economist’s Folly

David Crosbie

Thursday, 17th January 2019 at 7:50 am

Predictions for 2019: Charities

Dr Gary Johns

Monday, 14th January 2019 at 5:38 pm

Possible Backlash Caused by Planned Changes to Charities Act

Luke Michael

Friday, 14th December 2018 at 4:13 pm

POPULAR

Australia’s 2018 Human Rights Performance Slammed

Luke Michael

Wednesday, 9th January 2019 at 3:24 pm

Labor Shake-Up to Jobactive Celebrated by Sector

Maggie Coggan

Wednesday, 9th January 2019 at 5:09 pm

No ‘Opt Out’ for NDIS Participants

Lee Archer

Monday, 14th January 2019 at 6:01 pm

Campaign to Free Aboriginal Women Raises Almost $300K

Luke Michael

Monday, 14th January 2019 at 5:19 pm

Take Survey
pba inverse logo
Subscribe Twitter Facebook

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

You have Successfully Subscribed!