Not for Profit Tax Concessions and Regulatory Compliance

Not for Profit Tax Concessions

Our depth of expertise in this area means we can take the pain out of this issue by providing clear and practical advice. We can help with tax concessions at Commonwealth, State and Local Government level. These include:

• Income tax exemption
• stamp duty concessions
• rates and land tax concessions
• Fringe benefits tax exemption and rebate
• Deductable gift recipient status
• Payroll tax concessions

Reviewing Your Structure

As organisations grow and change over time their legal structuring needs change. Sometimes it becomes necessary to:

• Set up new structures
• Change accountability mechanisms (such as by changing the composition of the Board or scale and types of membership)
• Take advantage of different tax concessions
• Transition to new leadership
• Form collaborative relationships with other organisations or people

Whatever your needs are, we would love to help you position your organisation to move forward well. We can help you by ensuring that your structure meets your needs.

Law Reform

We stay up to date with proposed changes to legislation that will affect Not for Profit organisations. We take great care in:

• Drafting submissions
• Understanding the implications of proposed changes, and helping organisations to put in place a strategy to deal with them.

Regulatory Compliance

We can assist you with your ACNC obligations and queries including:

• Annual Information Statements
• Compliance with Governance Standards
• Notifications
• Reinstatement on the Register
• Withholding information from the Register
• Understanding which obligations apply to your organisation
• Identifying whether your organisation is a BRC (basic religious charity)
• Rectifying breaches

We can also assist with understanding and complying with Australian Tax Office tax concessions requirements, and requirements associated with receipt of government funding - particularly in the housing and education sectors.