Not for Profits (NFPs)
Guidance for Officeholders of Not for Profits
Our experience with NFPs shows that the administration of them by their hardworking volunteers is overwhleming and when it comes to tax issues, there is usually noone with the current knowledge of the ATO's ever-changing requirements.
Our "ABN Update Checklist" outlines the steps required to update the NFPs ABN with the ATO, which is required whenever there is a change, such as address or with officebearers. With the recent changes to the way that businesses (including NFPs) link their tax agents and all the new tax reporting requirements such as NFP self review returns etc, it is important to have the NFP linked the officeholders digitally so access to the ATO's online services is stress free for all current and future officeholders.
The "Meeting with a Tax Agent" guide explains what documents to bring to your first appointment with your tax agent. These documents are designed to give you clarity and confidence as you carry out your role.
