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Tag : Australian Tax Office

Sector Welcomes Win for Affordable Housing

Staff Reporter, Thursday, 9th January 2014 -  The Not for Profit sector and the Federal Opposition are claiming a win for affordable housing after the Australian Tax Office decided to not charge full GST on moveable home…

Red Tape & Compliance Key NFP Issues – Sector Survey Results

Staff Reporter, Thursday, 15th August 2013 -  Australian Not for Profits believe overwhelmingly that the reduction in Government red tape and compliance costs have been the most important initiatives in developing the sector…

Government Benches Proposed New Charity Taxes

Staff Reporter, Friday, 1st February 2013 -  The Federal Government has delayed the introduction of its controversial 2011-12 Budget measure to introduce new charity taxes until July 1, 2014 – a move welcomed by the Not…

Defining, Taxing & Regulating NFPs in the 21st Century

Staff Reporter, Thursday, 19th July 2012 - 
David Bradbury MP speaking at Melbourne University The Federal Assistant Treasurer has warned of the consequences of the Coalition policy to retain the regulatory powers of the…

Govt Revises ACNC Draft Legislation

Staff Reporter, Friday, 6th July 2012 -  The Gillard Government has made major revisions to the draft legislation around the new Charity Regulator, the ACNC. The revised legislation will go to the House of Representatives…

Tax Guide for Not for Profits

Staff Reporter, Monday, 18th June 2012 -  The Australian Tax Office (ATO) has prepared a 2012 Guide for Company Tax Returns for Not for Profit organisations that are not exempt from income tax, such as clubs, societies and…

Govt Revises Draft Bill on Tax Concessions for NFPs

Staff Reporter, Thursday, 19th April 2012 -  The Federal Government has released a revised exposure draft on the special conditions for tax concessions for Not for Profit entities, including the controversial ‘in Australia’…

ATO Calls for NFPs to Update Their Details

Staff Reporter, Thursday, 19th April 2012 -  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…

ATO Releases New Guides to Concessions & Endorsement

Staff Reporter, Thursday, 5th April 2012 -  The Australian Tax Office has updated its information on tax concessions for charities and how to apply for endorsement as a tax concession charity. The ATO has released a new guide…

Court Confirms Tax Exempt Community Bank

Staff Reporter, Thursday, 7th April 2011 -  A Full Federal Court decision confirming that a community bank was exempt from paying income tax as a community service has wide implications for the Not for Profit sector, according…

Cardinal Pell Outburst Creates Questions on Charity Regulation

Staff Reporter, Thursday, 12th August 2010 -  Derek Mortimer, principal of DF Mortimer & Associates The recent stoush between Cardinal George Pell and the Australian Greens prompts the question “Where
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