Dr Matthew Turnour and Mark Fowler (30 March 2015) The Treasurer released the tax discussion paper today. Amongst others, the NFP section of the discussion paper seeks submissions on the following concerns: 1. The administration of the tax concessions generally, noting ‘it is important to assess [the] effectiveness [of tax concessions] to ensure that the […]
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Dr Matthew Turnour (19 March 2015) Announcements in the U.K. Budget handed down overnight The Chancellor of the Exchequer of Great Britain, George Osborne, handed down the 2015 Budget overnight. In it were a number of announcements likely to fuel discussion in Australia. They include: The investment in Joint Venture Capital Trusts (Social VCTs) or
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Dr Matthew Turnour & Rachel Sloper (26 February 2015) Final Ruling released for special conditions on income tax exemption Following Draft Ruling 2014/D5 last year, the Australian Taxation Office has released TR 2015/1, which sets out the Commissioner of Taxation’s view on particular special conditions that a not-for-profit entity must satisfy to maintain entitlement to
Dr Matthew Turnour (9 February 2015) The ACNC’s future With the development in federal politics over the weekend, people interested in the not-for-profit sector and the future of the Australian Charities and Not for Profits Commission might have missed some comments by the Minister for Social Services reported in the Sydney Morning Herald. That newspaper
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