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Charities & Not-For-Profits Law in Australia

Tag Archives: FBT

New Draft Tax Ruling – Fringe Benefits Tax

Posted in FBT, Fringe Benefits Tax

On 11 July 2018, the ATO published draft Tax Ruling TR 2018/D2 – Fringe benefits tax: benefits provided to religious practitioners. The public is invited to provide feedback to TR 2018/D2 until 24 August 2018. On the same date TR 2018/D2 was published, the ATO’s previous Tax Ruling on this topic – TR 92/17 –… Continue Reading

Legal Questions for Every Charity & Not-For-Profit Organisation | Issue 2: Charitable Tax Concessions

Posted in Tax Exemptions & DGR Status

As advised in Issue 1: Governance, during the course of advising charities and not-for-profit (NFP) organisations over many years, we have noticed some common issues that are important to our clients. Over the next few months, we will continue to run a series of short summaries of those legal issues that every charity and not-for-profit organisation should consider. This… Continue Reading

Delayed Commencement of ACNC

Posted in General, Tax Exemptions & DGR Status

The Government has just announced the delay of the commencement of the ACNC and the setting up of a working group to work through major tax reforms for the Not-For-Profits sector. The Assistant Treasurer announced on 1 March 2012 that the ACNC will not commence operation until 1 October 2012. The Assistant Treasurer and Minister… Continue Reading