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Tag : Tax

FBT Changes Threaten Charity Workforce

Staff Reporter, Thursday, 15th April 2010 -  A former Keating economics advisor has warned the Federal Government that changing the current tax concession for charity workers could result in a mass exodus from the Not for Profit…

ATO Rewrites GST Issues for NFPs

Staff Reporter, Monday, 21st December 2009 -  The move comes after continuing consultation with Australian charities. The ATO says the rewrite aims to clarify the principles used in the ‘market value’ and ‘cost…

Draft Report Raises Fears Over FBT Exemption Removal

Staff Reporter, Monday, 21st December 2009 -   ACFID claims that without FBT exemption, many NFPs would face acute financial difficulty. 
 
In its submission, ACFID accuses the draft report of taking for granted…

ATOs New Tax Concession Charity Application Packs

Staff Reporter, Tuesday, 24th November 2009 -   The Australian Tax Office (ATO) has launched Application Packs to be used for endorsement as a tax concession charity, income tax exempt fund and/or a deductible gift recipient. …
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