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Tag : Tax

Charities Give Feedback on Govt Paper to Encourage Social Impact Investment

Rachel McFadden, Monday, 24th July 2017 -  A round of “robust” discussions between charity leaders, philanthropists and government representatives were “a promising start” to pushing for reforms around the tax treatment…

New Paper Details Potential Reforms to DGR Status

Wendy Williams, Friday, 16th June 2017 -  The not-for-profit sector is being called on to have its say over a new discussion paper exploring potential reforms to the Deductible Gift Recipient (DGR) tax arrangements for charities.…

ATO Commits to Better NFP Engagement and Communication

Rod Walker, Tuesday, 13th September 2016 -  Opinion: The Australian Tax Office is on a mission to better understand some of the unique challenges facing the Not for Profit workforce, including volunteers, and the issues around…

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Tax Time 2016: Three things NFPs Can’t Afford to Forget

Richenda Vermeulen, Thursday, 31st March 2016 -  As charities begin to prepare for the end of the financial year, there is one important asset that they often overlook, writes Richenda Vermeulen, Director of digital consultancy…

Tax Deductible ‘Bounce’ in Aussie Giving

Lina Caneva, Thursday, 31st March 2016 -  Australia’s charitable giving has recovered to pre-Global Financial Crisis levels with a donation bounce recorded in the latest analysis of national tax statistics. An analysis…

Call for Tax Concessions for Impact Investments

Lina Caneva, Wednesday, 1st July 2015 -  Social Ventures Australia (SVA) has called for tax concessions for impact investments in social enterprise, social impact bonds and social and affordable housing projects, in…

Directors Call for GST Reform

Lina Caneva, Wednesday, 6th May 2015 -  Company Directors from both the private sector and Not for Profit organisations have indicated their overwhelming support for significant reform of the GST, including an…

ACT Most Charitable State

Lina Caneva, Thursday, 30th April 2015 -  Australia’s most charitable state in 2012-13 was the Australian Capital Territory, according to the latest statistics from the Australian Tax Office – holding its top place…

Spotlight on Wealthy Tax Cheats

Xavier Smerdon, Monday, 20th April 2015 -  The Australian Taxation Office has announced a new targeted campaign to ensure wealthy Australians and their private groups do not dodge their tax obligations. Acting Second Commissioner…

ACOSS Push On Tax Reform Fix

Xavier Smerdon, Thursday, 16th April 2015 -  Not for Profit welfare peak body, ACOSS has released a report calling for tax reform to fix the Federal Budget including a deal on negative gearing tax breaks. The Australian Council…

Tax Review Targets Not for Profit Sector

Xavier Smerdon, Tuesday, 31st March 2015 -  The Federal Government’s new discussion paper on tax reform specifically targets the Not for Profit sector asking if the current tax arrangements are appropriate – raising…

Tax Fairness ‘in the Eye of the Beholder’ – Hockey

Xavier Smerdon, Monday, 30th March 2015 -  Australia’s tax system must be redesigned and strengthened so that people contribute to the cost of services according to their ability to pay, claims welfare peak body, the…

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