ATO: Useful links for NFPs & Charities – Australia NFP Lawyers

We aim to deliver Just, Redemptive Outcomes®

Our Australia NFP Lawyers have provided useful links for your NFPs and Charity.

Is your charity entitled to access charity tax concessions? See Charity tax concessions

Are donations to your organisation tax deductible? See Tax deductible gifts

Is your ancillary fund distributing correctly? See Ancillary funds

Have you checked our new draft taxation ruling for school building funds? See School building funds

Are your organisation’s contact details up-to-date? See Registration details

Do you regularly review your organisation’s tax obligations? See Governance practices

Source: http://www.ato.gov.au/content/00322541.htm

 

ATO updated pages – 8 Jan 2014:

Applying for endorsement

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Endorsement-requirements/Applying-for-endorsement/

Published: 08/01/2014

Deductible gift recipients

An overview of tax deductible gifts and the tax treatment of various fundraising activities, including the concessions available. Also covers state, territory and local government requirements in relation to fundraising.

http://ato.gov.au/Non-profit/Endorsement/Deductible-gift-recipients/

Published: 08/01/2014

Does your organisation have to pay income tax?

This factsheet explains the steps for working out the income tax status of your organisation. NAT 7194 http://ato.gov.au/Non-profit/Guides/In-detail/Fact-sheets/Income-tax-exemption/Does-your-organisation-have-to-pay-income-tax-/

Published: 08/01/2014

Endorsement

An overview of tax deductible gifts and the tax treatment of various fundraising activities, including the concessions available. Also covers state, territory and local government requirements in relation to fundraising.

http://ato.gov.au/Non-profit/Endorsement/Endorsement/

Published: 08/01/2014

Endorsement requirements

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Endorsement-requirements/

Published: 08/01/2014

Endorsement requirements for charities and income tax exempt funds – Tax basics for non-profit organisations

This document outlines the endorsement requirements that apply to charities. Charities must be endorsed by the ATO in order to access income tax, fringe benefits tax (FBT) and goods and service tax (GST) charity tax concessions.

http://ato.gov.au/Non-profit/NP/Endorsement-requirements-for-charities-and-income-tax-exempt-funds—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

FBT – Tax basics for non-profit organisations

Introduction to FBT for non-profit organisations. Explains what FBT is, includes examples of fringe benefits and explains concessions available to certain non-profit organisations.

http://ato.gov.au/Non-profit/Fringe-benefits-tax/In-detail/Getting-started/FBT—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

GST concessions  – Tax basics for non-profit organisations

Provides an overview of the GST concessions for charities, gift deductible entities and government schools.

http://ato.gov.au/Non-profit/Income,-sales,-fundraising—donations/In-detail/Fundraising/GST-concessions—-Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

How do you work out if your organisation is exempt?

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Income-tax/How-do-you-work-out-if-your-organisation-is-exempt-/

Published: 08/01/2014

Income tax

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Income-tax/

Published: 08/01/2014

Income tax exemption – Tax basics for non-profit organisations

Provides an overview of income tax exemption for non-profit organisations and directs you to information that will help you work out if your organisation is exempt from income tax.

http://ato.gov.au/Non-profit/NP/Income-tax-exemption—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

Is your organisation non-profit?

This document explains the characteristics and provides examples of non-profit organisations, includes a checklist to help your organisation determine if it is a non-profit organisation and outlines the tax concessions and endorsement requirements.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/In-detail/Tax-concessions/Non-profit-organisations/Is-your-organisation-non-profit-/

Published: 08/01/2014

List of definitions – Tax basics for non-profit organisations

Definitions of terms used in Tax basics for non-profit organisations (NAT 7966).

http://ato.gov.au/Non-profit/NP/List-of-definitions—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

More information

An overview of tax deductible gifts and the tax treatment of various fundraising activities, including the concessions available. Also covers state, territory and local government requirements in relation to fundraising.

http://ato.gov.au/Non-profit/Endorsement/More-information/

Published: 08/01/2014

Proving eligibility for supplier discounts – Tax basics for non-profit organisations

A number of commercial suppliers offer discounts to non-profit organisations. Suppliers sometimes ask non-profits to provide proof of their tax status to qualify for a discount.

http://ato.gov.au/Non-profit/Expenses-and-purchases/In-detail/Dealing-with-suppliers/Proving-eligibility-for-supplier-discounts—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

Refunds of franking credits – Tax basics for non-profit organisations

Explains which non-profit organisations may receive refunds of franking credits.

http://ato.gov.au/Non-profit/Franking-credits/In-detail/Getting-started/Refunds-of-franking-credits—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

Registered charities

An overview of tax deductible gifts and the tax treatment of various fundraising activities, including the concessions available. Also covers state, territory and local government requirements in relation to fundraising.

http://ato.gov.au/Non-profit/Endorsement/Registered-charities/

Published: 08/01/2014

Registering your organisation – Tax basics for non-profit organisations

In order to access various concessions and comply with your non-profit organisation’s tax obligations, it may need to register for an ABN, GST, FBT and PAYG withholding. This document explains when to register for these taxes and how to do so.

http://ato.gov.au/Non-profit/NP/Registering-your-organisation—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

Reviewing your endorsement

An overview of tax deductible gifts and the tax treatment of various fundraising activities, including the concessions available. Also covers state, territory and local government requirements in relation to fundraising.

http://ato.gov.au/Non-profit/Endorsement/Reviewing-your-endorsement/

Published: 08/01/2014

Tax concessions – an overview

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Tax-concessions—an-overview/

Published: 08/01/2014

Tax concessions – an overview – Tax basics for non-profit organisations

Provides a general overview of tax concessions available to non-profit organisations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/In-detail/Tax-concessions/Getting-started/Tax-concessions—an-overview—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

Types of non-profit organisations

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Types-of-non-profit-organisations/

Published: 08/01/2014

Types of non-profit organisations – Tax basics for non-profit organisations

Concessions are available depending on the type of non-profit organisation. This information outlines the types of non-profit organisations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/In-detail/Tax-concessions/Non-profit-organisations/Types-of-non-profit-organisations—Tax-basics-for-non-profit-organisations/

Published: 08/01/2014

What is an ABN?

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Registering-your-organisation/What-is-an-ABN-/

Published: 08/01/2014

Who is entitled to an ABN?

When starting out as a non-profit organisation, there are some key things to do to ensure your organisation complies with any tax obligations.

http://ato.gov.au/Non-profit/Getting-started-for-non-profit-organisations/Registering-your-organisation/Who-is-entitled-to-an-ABN-/

Still have questions? Contact our Australia NFP Lawyers

Contact our Business Development Team to make an appointment with one of our Australia NFP Lawyers. Call (07) 3252 0011 today.

Published: 08/01/2014