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Charities & Not-For-Profits Law in Australia

Tag Archives: Tax; exemption; aged care

Changes to Retirement Villages Regulation in NSW

Posted in General, Governance

The Retirement Villages Regulation 2009 NSW will be automatically repealed on 1 September 2017. There has been a consultation process underway which has now been finalised and a new Regulation will come into force on and from 1 September 2017. Operators and residents should familiarise themselves with these changes. The major changes that are proposed… Continue Reading

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