The Federal Treasury has released exposure draft legislation outlining changes to improve the administration of the GST law as it relates to 'non-profit sub-entities'.…
Australian taxpayers claimed more tax-deductible donations in 2007-2008, surging by 24.5%, despite coinciding with the start of the economic downturn.
The latest analysis…
Australian Not for Profits can breath easier after Federal Government pledges not to implement any of the Henry Tax Review recommendations affecting the Third Sector…
The Australian Tax Office has released a new webpage providing answers to frequently asked questions about tax concession charities, including endorsement requirements,…
The Australian Tax Office has released a new Private Ancillary Fund (PAF) model trust deed.
The model trust deed for Private Ancillary Funds (PAFs) replaces the model deed…
The Australian Tax Office (ATO) has developed a new initiative to help Not for Profit organisations understand their tax obligations and entitlement to tax concessions.…
The Australia Institute has proposed the establishment of a Universal Default Superannuation Fund which would raise retirement incomes for many of workers on low income,…
The Federal Government’s proposed reforms to GST laws includes an amendment to ensure that Not for Profit sub-entities are able to access the same GST concessions…
The Australian Tax Office will target the deliberate misuse of tax concessions in the Not for Profit sector as part of its 2009-10 compliance program.
Announcing the program,…
The Federal Government has released a consultation paper on proposed reforms to the tax treatment of special disability trusts to ease the financial burden on people with…
The latest Australian Tax office figures for 2006-07 indicate an astounding increase in gift deductions according to Professor Myles McGregor-Lowndes, Director of…