A new tax guide for NFPs

The guide provides an overview of tax obligations and concessions for not-for-profit (NFP) organisations and helps to identify which taxes affect organisations, including income tax, fringe benefits tax (FBT), goods and services tax (GST) and pay as you go (PAYG).

Changes to the guide include:

• A new diagram showing the relationship between the types of NFP organisations
• Additional information on salary sacrifice and gifts made to deductible gift recipients (DGRs)
• Information on record keeping requirements for DGRs
• Additional information on reporting and paying tax, including lodging annual income tax returns
• Updates to tax policy.

Candice de Chalain

+ posts

• Candice de Chalain

  https://www.thirdsector.com.au/author/candice-de-chalain/

  Later start date for not-for-profit tax concessions
• Candice de Chalain

  https://www.thirdsector.com.au/author/candice-de-chalain/

  Potential duplication of governance and reporting standards for charities
• Candice de Chalain

  https://www.thirdsector.com.au/author/candice-de-chalain/

  Potential duplication of governance and reporting standards for charities
• Candice de Chalain

  https://www.thirdsector.com.au/author/candice-de-chalain/

  Free tickets available to Third Sector Expo 2013