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Tag : ATO

NFP Election Debate Heads to Canberra

Staff Reporter, Tuesday, 20th August 2013 - 
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The future of the Australian Not for Profit sector will be debated by Federal politicians in a National Press Club pre-election forum in Canberra on Friday organised by…

Red Tape & Compliance Key NFP Issues – Sector Survey Results

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

BUDGET: ATO Taskforce to Target Trust Misuse

Staff Reporter, Wednesday, 15th May 2013 - 
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The Federal Government will provide the Australian Tax Office with $67.9 million to target the use of complex tax structures by high net worth individuals to avoid tax.…

Government Benches Proposed New Charity Taxes

Staff Reporter, Friday, 1st February 2013 - 
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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…

ATO Acts on Fire Donations

Staff Reporter, Monday, 14th January 2013 - 
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People can claim donations up to $10 made to disaster relief funds for the recent bushfires in their 2013 tax return without a receipt. "The Australian Tax Office (ATO)…

Opinion

Be Careful What You Wish For!

Staff Reporter, Thursday, 2nd August 2012 - 
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The ACNC, Australia’s first charity regulator, cannot and should not try to be all things to all people instantaneously, warns the CEO of the Community Council of…

Charity Regulator to Clash with State Regulators

Staff Reporter, Tuesday, 31st July 2012 - 
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Given the history of Commonwealth/State relations in Australia there is "buckley's" of creating a "one-stop-shop" on reporting requirements…

Time to Address Charities for Indigenous Peoples

Staff Reporter, Tuesday, 24th July 2012 - 
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Australian indigenous people face difficulties establishing difficulties The introduction of a charity regulator is an opportune time for Australia to follow New Zealand’s…

New Income Tax Guide for Not for Profits

Staff Reporter, Tuesday, 24th July 2012 - 
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Photo: beachandbay.com.au The Australian Tax Office has released a new version of its Income Tax Guide for Not for Profit organisations in preparation for the start of…

Defining, Taxing & Regulating NFPs in the 21st Century

Staff Reporter, Thursday, 19th July 2012 - 
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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…

Opinion

Private Ancillary Funds Must Remain Private

Staff Reporter, Thursday, 19th July 2012 - 
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If Private Ancillary Funds (PAFs) do not remain private, under the current reform process, it is likely that their growth, and that of the philanthropic sector, will significantly…

Tax Guide for Not for Profits

Staff Reporter, Monday, 18th June 2012 - 
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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…

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