Charities and Tax

Charities and Tax

Fringe Benefits Tax Reform
Information for Public Benevolent Institutions (other than hospitals)

Taxation Rulings
DGR; Exemptions for "religious Institutes"; Schools and Colleges Building Funds; Necessitous Circumstances Funds.

Announcement of Inquiry and Terms of Reference

Claiming a Full 10% of Input Tax Credits for Motor Vehicles Purchased by Charity and Used as Part of Employee Remuneration Claiming Input Tax Credits for Motor Vehicles Purchased by Charity

GST Handbook for Church organisations
A GST Handbook explaining the theoretical implications of the GST specifically for the Voluntary Sector is now available on ACBC or in hard copy from Diocesan Offices. Marriage Education Services and the GST

 

Reporting Date Extended for Charities Inquiry

TREASURER

 

 

EMBARGO

REPORTING DATE EXTENDED FOR CHARITIES INQUIRY

The Inquiry into the definition of charities and related organisations has been granted an extension of time to 30 June 2001 within which to complete its report.

To date, the Committee has received more than 350 submissions from interested individuals and organisations. Given the number of submissions to be considered by the Committee, and the complexity of the issues involved, the Chairman of the Inquiry, the Hon I.F. Sheppard AO, has asked that the Government extend the reporting date for the Inquiry from 31 March 2001 to 30 June 2001.

Tax Rulings

TR 92-17 Income Tax & Fringe Benefits Tax
Exemptions for "religious Institutes". This document is of relevance to the current debate regarding the maintenance of specific exemption for religious institutes under item 2 of section 50-5 of PTAA 1997.

TR 1996-8 Income Tax
Schools and Colleges Building Funds. This Ruling sets out the manner in which school building funds should be managed and administered. The current debate by CCC regarding the need for a separate gift fund is of relevance in the context of this Ruling.

Syndicate content