Header graphic for print
Charities & Not-For-Profits Law in Australia

Tag Archives: Tax; exemption; aged care

School Building Funds’ Compliance Reminder

Posted in Compliance, Fundraising, General, Governance

A reminder to check your School Building Funds’ compliance with the ATO requirements. School and College Building Funds may attract the attention of the ATO’s compliance program this year.  The ATO develops and implements its compliance program annually, which identifies key areas for its compliance activities for the financial year.  The compliance program targets areas… Continue Reading

GST Ruling–Accommodation Bond Retentions & Accommodation Charges

Posted in Compliance, General, Liability & Risk, Tax Exemptions & DGR Status

SUMMARY :  The Tax Office has clarified the GST status of bond retentions The Commissioner of Taxation has issued a Determination GSTD 2011/4  on the issue of whether GST is payable on accommodation bond retention amounts or accommodation charges paid by residents of an aged care facility covered by the Aged Care Act 1997 that… Continue Reading