Staff Reporter, Thursday, 18th August 2011 -
New draft tax legislation puts additional harsh restrictions on all Not for Profits, according to a Melbourne taxation expert.
Accounting firm, Moore Stephens has written a submission…
Staff Reporter, Thursday, 11th August 2011 -
The Australian Tax Office has released a new version of its Guide to Tax Basics for Not for Profit organisations.
The Guide replaces the previous version issued in June 2007.
Tax basics…
Staff Reporter, Thursday, 7th July 2011 -
The Community Council for Australia has called for a $2 million threshold to be applied to a proposed new taxation regulation on Not for Profit organisations to help protect small…
Staff Reporter, Thursday, 30th June 2011 -
The Australian Tax Office has released a new version of its GiftPack guide to help Not for Profits understand what to do if they want to receive tax-deductible gifts.
The new Guide replaces…
Staff Reporter, Thursday, 9th June 2011 -
Some of the reforms targeting Not for Profit tax concessions flagged in the Federal Budget come into force from July 1st.
The reforms relate to the use of tax concessions by businesses…
Staff Reporter, Monday, 9th May 2011 -
The Federal Government is set to follow through on its promise of creating a one-stop independent regulator for the Not for Profit sector, with the 2011-12 Federal Budget to include…
Staff Reporter, Thursday, 14th April 2011 -
Legislators in the US State of Oregon have passed a Bill that seeks to strip Not for Profits of their tax-deductible status if less than 30 percent of the funds they raise are spent for…
Staff Reporter, Thursday, 7th April 2011 -
A Full Federal Court decision confirming that a community bank was exempt from paying income tax as a community service has wide implications for the Not for Profit sector, according…
Staff Reporter, Tuesday, 29th March 2011 -
The Australian Greens will move to scrap the Gillard Government's planned corporate tax cut for big businesses, arguing the money could be better spent on establishing a national…
Staff Reporter, Tuesday, 14th December 2010 -
Australian law firms are receiving more requests for pro bono legal advice than they can provide, according to a national survey.
The Report on the National Law Firm Pro Bono Survey…
Staff Reporter, Thursday, 25th November 2010 -
Volunteer fire brigades and other new deductible gift recipients, including the Mary MacKillop Canonisation Gift Fund, are among several organisations that will benefit from…
Staff Reporter, Monday, 20th September 2010 -
The Australian Taxation Office is to challenge a Federal Court decision to allow a rural community bank tax exemption status.
Wentworth District Capital Ltd (WDCL) was set up as a…