Taxation requirements for not-for-profits

The Australian Taxation Office has three resources for not-for-profit (NPF) organisations. If your cultural organisation is registered as a charity, association or Indigenous corporation then these resources are for you.

They will help you understand your tax obligations, assist you to prepare your returns and provide a guide to associated issues.

The website is laid out with a flow menu on the left side which ensures you don’t miss critical information.

Take a look and don’t forget to bookmark it!

Induction package for not-for-profit administrators

This page steps you through the main areas of taxation responsibility and provides information on Goods and Services Tax, responsibilities to staff, state taxes and duties, gifts and fundraising declarations, and processes and advice on record-keeping.

There is also a link to a page about how to keep your organisation financially resilient.

Self-governance checklist for not-for-profit organisations

This is where you can review your NFP status and find a useful checklist for the Management Board so that they can manage risks, general tax and super obligations carefully.

There’s a checklist to assist with your governance procedures.

Handover checklist for not-for-profit administrators

There’s also a page about handover processes for outgoing and incoming staff so that essential information is handled correctly.

The checklist is used for safe keeping of essential data.

While all care has been taken to ensure information is accurate at the time of publication, all information in this resource is intended as a guide only.  You should obtain professional advice if you have any specific concerns.