ATO

Tax Office Warning on Charity Donation Tax Avoidance Schemes

08 December 2011 | The Australian Tax Office has issued a warning over concerns about charity donation arrangements that have been found to be tax avoidance schemes and issued new guidelines.

Tax Office Ruling on ‘Charity’ Creates Uncertain State of Limbo

03 November 2011 | The Australian Tax Office has delivered a new ruling on its view of charities following recent court decisions, forcing it to deliver an interim definition of ‘charity’. For some in the Not for Profit sector the ruling creates an uncertain state of limbo.

ATO Releases Self-Governance Checklist for NFPs

06 October 2011 | The Australian Tax Office has released a checklist to help Not for Profit organisations with their tax and superannuation affairs.

New Version of Tax Basics for Not for Profits

11 August 2011 | The Australian Tax Office has released a new version of its Guide to Tax Basics for Not for Profit organisations.

Another Charity Denied DGR Status

04 August 2011 | Another charity has been denied Deductible Gift Recipient status by the Administrative Appeals Tribunal which ruled that Krishnamurti Australia Inc. is not a health promotion charity.

Bicycle Victoria Recognised as a Charity But Denied DGR Status

28 July 2011 | Self-funded Not for Profit organisation, Bicycle Victoria has won the right to be called a charity but has missed out on Deductible Gift Recipient (DGR) status.

ATO Releases New NFP Guide on Tax Deductibility

30 June 2011 | The Australian tax Office has released a new version of its GiftPack guide to help Not for Profits understand what to do if they want to receive tax-deductible gifts.

Aid/Watch Decision Must be Enshrined in Tax Law

20 April 2011 | The final report of the Charity Law Reform Project, by Changemakers Australia says the High Court decision on Aid/Watch changes the conventional view that “political” action is not charitable, opening the doors to Not for Profit organisations to engage in political advocacy.

Court Confirms Tax Exempt Community Bank

07 April 2011 | A Full Federal Court decision confirming that a community bank was exempt from paying income tax as a community service has wide implications for the Not for Profit sector, according to an Australian tax expert.