ATO guide available to assist NFP tax returns
June 24, 2014
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The guide aims to assist organisations in completing their company tax return 2014, and explains common errors made by non-profit organisations when completing the return and the consequences of these errors.
The guide also:
- Works out if companies need to lodge an annual income tax return
- Calculates their taxable income, including how to treat mutual dealings with their members.
Menchie Khairuddin is a writer Deputy Content Manager at Akolade and content producer for Third Sector News. She is passionate about social affairs specifically in mixed, multicultural heritage and not-for-profit organisations.
