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Tag : Tax

Tax Fairness ‘in the Eye of the Beholder’ – Hockey

Xavier Smerdon, Monday, 30th March 2015 -  Australia’s tax system must be redesigned and strengthened so that people contribute to the cost of services according to their ability to pay, claims welfare peak body, the…

Analysis

Tax Exemption Ruling Finalised – Finally

Xavier Smerdon, Tuesday, 3rd March 2015 -  The Australian Tax Office has issued a final ruling on two new conditions for Not for Profit organisations to meet for continued tax exemption. Professor Myles McGregor-Lowndes

Google Tax Plan Welcomed by NFPs

Xavier Smerdon, Tuesday, 3rd March 2015 -  Not for Profits have welcomed a proposal by Labor that would see large multinational companies such as Google and Apple forced to pay their fair share in Australian tax. World Vision…

People Paying Less Tax Than Thought – ACOSS

Xavier Smerdon, Tuesday, 27th January 2015 -  A new report by Australia’s peak welfare organisation has found that people are paying less tax than they think. The Tax: Are we paying our fair share? report, released by the…

Charities Should Review Governing Rules Following Tax Ruling

Lina Caneva, Tuesday, 23rd September 2014 -  All registered charities should review their governing rules following the release of a Draft Special Conditions Ruling on? Income Tax by the Australian Tax Office, according to…

Mixed Response from Aged Care Sector

Lina Caneva, Wednesday, 14th May 2014 -  Aged care groups have had a mixed response to the Federal Budget, with the spotlight cast on everyday living expenses for older Australians and the redirection of funds to support…

Aus Inquiry Urged to Promote Social Investment

Staff Reporter, Wednesday, 9th April 2014 -  Social sector advocates are urging the Federal Government to look at new ways to promote social investment in Australia as part of its inquiry into the financial system.   In…

Judgement Paves Way for More PBI Endorsements

Staff Reporter, Thursday, 22nd August 2013 -  A Federal Court decision has removed the requirement of 'direct relief' used by the Tax Office to deny Public Benefit Institution endorsement and is set to have a significant…

NFPs Concerned Over Tax Concession Draft

Staff Reporter, Thursday, 7th March 2013 -  Nine out of 10 Not for Profit organisations are concerned they would be worse off if the Federal Government replaced the sector’s income tax exemptions with grants, according…

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…

Tax Concessions & the NFP Sector

Staff Reporter, Monday, 5th November 2012 -  The Federal Government’s Not-for-profit Sector Tax Concession Working Group has released a discussion paper seeking public submissions on how tax concessions can be improved…

New Amendment Shores Up NFP Payroll Tax Loophole

Staff Reporter, Wednesday, 25th July 2012 -  New tax laws have come into effect in Victoria to stop charities trying to take advantage of a loophole created by a Federal Court decision on payroll tax exemptions. From 1 July 2012…
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