As you may be aware, NFP’s including Clubs that have self-assessed income tax exemption are now required to lodge an annual return which includes their self-assessment income tax exemption. This is required to be completed before 31 October 2024. This can only be performed via ATO online service.
The ATO has provided great guidance on this including a webinar.
ATO NFP Reporting Resources:
The information in this publication contains general advice only. It has been prepared without taking your personal objectives, financial situation or needs into account. You should consider whether the information contained within this publication is appropriate for you. Where we refer to a financial product you should obtain the relevant Product Disclosure Statement or offer document and consider it before making any decision about whether to acquire the product.
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