The Australian Taxation Office is to challenge a Federal Court decision to allow a rural community bank tax exemption status.
Wentworth District Capital Ltd (WDCL) was…
The Tax Man is planning to crack down on incorrect GST treatment and the misuse of tax concessions by Not for Profit organisations in the ATO Compliance Program for 2010-11…
The Australian Tax Office has released two new guides for Not for Profit clubs, societies and associations that aren’t exempt from income tax.
The ‘Mutuality…
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…
UnitingCare Australia has called for an urgent Ministerial taskforce to resolve outstanding issues in both the Henry Tax Review and the Government’s response to that…
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…
The move comes after continuing consultation with Australian charities.
The ATO says the rewrite aims to clarify the principles used in the ‘market value’…
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…