Staff Reporter, Wednesday, 15th May 2013 -
The Federal Government will provide the Australian Tax Office with $67.9 million to target the use of complex tax structures by high net worth individuals to avoid tax.
The funding…
Staff Reporter, Friday, 1st February 2013 -
The Federal Government has delayed the introduction of its controversial 2011-12 Budget measure to introduce new charity taxes until July 1, 2014 – a move welcomed by the Not…
Staff Reporter, Monday, 14th January 2013 -
People can claim donations up to $10 made to disaster relief funds for the recent bushfires in their 2013 tax return without a receipt.
"The Australian Tax Office (ATO) wants…
The ACNC, Australia’s first charity regulator, cannot and should not try to be all things to all people instantaneously, warns the CEO of the Community Council of Australia,…
Staff Reporter, Tuesday, 31st July 2012 -
Given the history of Commonwealth/State relations in Australia there is "buckley's" of creating a "one-stop-shop" on reporting requirements for Australian…
The Australian Tax Office has released a new version of its Income Tax Guide for Not for Profit organisations in preparation for the start of the Australian…
Staff Reporter, Thursday, 19th July 2012 - If Private Ancillary Funds (PAFs) do not remain private, under the current reform process, it is likely that their growth, and that of the philanthropic sector, will significantly…
Staff Reporter, Monday, 18th June 2012 -
The Australian Tax Office (ATO) has prepared a 2012 Guide for Company Tax Returns for Not for Profit organisations that are not exempt from income tax, such as clubs, societies and…
Lina Caneva, Wednesday, 2nd May 2012 -
Philanthropic giving by Australia’s wealthiest has plummeted, with those earning over $1 million a year now becoming significantly less generous, according to the latest…
Staff Reporter, Thursday, 19th April 2012 -
The Australian Tax Office has called on organisations that are endorsed as tax concession charities to update their details before the new charity regulator begins operation.
In…