Chat PTC - Not for Profit Status

2 May 2024

From 1 July 2023, non-charitable not-for-profit organisations with an active Australian Business Number (ABN) that self-assess as income tax exempt will be required to lodge an annual self-review return with the Australian Tax Office (ATO). Until now, not-for-profit organisations that self-assess have not been required to report annually to the ATO.  

PTC NSW has invited the Assistant Commissioner Jennifer Moltisanti for Not-for-profit, Government and New Measures | Small Business Australian Taxation Office to speak with us about the changes, what they mean for member associations and what options do associations have as we prepare for the changes in the upcoming financial year.

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