Updates

ATO shares tips for not-for-profit organisations

In the September ‘Straight from the source’ blog, Australian Taxation Office (ATO) Assistant Commissioner Jennifer Moltisanti shares information which may be helpful to your organisation, including:

• tips for charitable not-for-profits, not-for-profits that self-assess as income tax exempt, and taxable not-for-profits about income tax exemption reporting requirements
• tips for timely lodgement of the NFP self-review return, and
• tips to speed up processing of applications for charity tax concessions and deductible gift recipient endorsement.

We also have a free resource that we are continuously updating where you can find more information about the income tax exemption reporting requirements. Also see our DGR guide for information on deductible gift recipient status.