Not for Profit Articles

New Reporting Requirement For Not-For-Profits

From 1 July 2023, non-charitable not-for-profits with active ABNs will be required to lodge an annual self-review to access income tax exemption.

Fringe Benefits and religious practitioners – new ATO examples

The ATO has recently added some new examples on its website to help explain the requirements for exempt fringe benefits provided to religious practitioners.

Disclosing Key Management Personnel Remuneration

For the 2022 and future ACNC Annual Information Statements, large charities will be required to report remuneration of key management on an aggregated basis in their financial statements.