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Tag : Tax

Tax Office Ruling on ‘Charity’ Creates Uncertain State of Limbo

Staff Reporter, Thursday, 3rd November 2011 -  The Australian Tax Office has delivered a new ruling on its view of charities following recent court decisions, forcing it to deliver an interim definition of ‘charity’.…

ATO Releases Self-Governance Checklist for NFPs

Staff Reporter, Thursday, 6th October 2011 -  The Australian Tax Office has released a checklist to help Not for Profit organisations with their tax and superannuation affairs. The Self-governance checklist for Not for Profit

Community Sector Outlines National Tax Forum Wishlist

Staff Reporter, Tuesday, 4th October 2011 -  The Australian Not for Profit sector is calling on participants at the National Tax Forum to work together on finding solutions to housing affordability, ageing population, workforce…

Dignity Must Feature in Tax Reform: UnitingCare

Staff Reporter, Thursday, 29th September 2011 -  Image: UnitingCare Australia’s National Director Lin Hatfield Dodds says the October tax forum must consider human dignity.  Community service…

National Tax Forum Must Consider Social Equity – VCOSS

Staff Reporter, Thursday, 15th September 2011 -  The Victorian Council of Social Service (VCOSS) has urged participants to the October Tax Forum to remember that the point of the tax system is social equity and stability. VCOSS has…

Sector in the Taxman’s Sights – Opinion

Staff Reporter, Thursday, 15th September 2011 -  Tax not only affects the work of the community sector, but the sector itself. After years of inactivity, it’s now facing significant tax reform and the devil may be in the detail,

Why Does Tax Reform Matter to the Community Sector? – Opinion

Cassandra Goldie, Thursday, 15th September 2011 -  Why does tax reform matter to the community sector, beyond that it allows sufficient revenue to be raised for programs and services? Australian Council of Social Service (ACOSS)

Growing Disquiet At Government’s Draft NFP Tax Legislation

Staff Reporter, Thursday, 25th August 2011 -  Specialist Not for Profit legal service, PilchConnect and Melbourne University’s Law School have joined the growing disquiet about the Federal Government’s draft…

New Standard Chart of Accounts Saves Victorian NFPs Millions – Review

Staff Reporter, Thursday, 25th August 2011 -  An independent review of the implementation of a Standard Chart of Accounts in Victoria has found that the model will save the Victorian Not for Profit sector in the order of $3.1 million…

Harsh Restrictions on NFPs “Snuck” into Draft Tax Legislation

Staff Reporter, Thursday, 18th August 2011 -  New draft tax legislation puts additional harsh restrictions on all Not for Profits, according to a Melbourne taxation expert. Accounting firm, Moore Stephens has written a submission…

New Version of Tax Basics for Not for Profits

Staff Reporter, Thursday, 11th August 2011 -  The Australian Tax Office has released a new version of its Guide to Tax Basics for Not for Profit organisations. The Guide replaces the previous version issued in June 2007. Tax basics

Call for Tax Threshold to Protect Small Charities

Staff Reporter, Thursday, 7th July 2011 -  The Community Council for Australia has called for a $2 million threshold to be applied to a proposed new taxation regulation on Not for Profit organisations to help protect small…
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