ato.gov.au Register Your NFP Not For Profit : Australian Taxation Office
Organization : Australian Taxation Office
Facility : Register your NFP
Country : Australia
Website : https://www.ato.gov.au/Non-profit/Getting-started/Register-your-NFP/
Want to comment on this post? Go to bottom of this page. |
---|
Register Your NFP :
Your organisation must have an ABN if you are :
** required to register for tax obligations
Related : Australian Taxation Office Tracking Your Refund/ Fixing a Mistake : www.statusin.org/39450.html
** seeking endorsement as a registered charity for tax concessions
** seeking endorsement as a deductible gift recipient (DGR)
To comply with your organisation’s tax obligations, your organisation may need to register for :
** goods and services tax (GST)
** fringe benefits tax (FBT)
** pay as you go (PAYG) withholding
** fuel tax credits
** a tax file number if you are required to lodge income tax returns.
Get an ABN :
When you apply for your ABN you will be asked to identify your organisation’s entity and organisation type. Selecting the correct entity or organisation type is important.
If you select the incorrect option on your application, you may need to apply for a new ABN for your organisation. For example, if your organisation is a single entity, it should register for one ABN, regardless of the number of enterprises that it carries on.
With the exception of a partnership arrangement, if your club or charity is a collection of separate entities carrying on one or more enterprises, each entity in your organisation should register for a separate ABN.
If your organisation is a subsidiary of a governing body, we advise that you discuss ABN registration with your governing body.
Next steps :
** Apply electronically through the Australian Business RegisterExternal Link
** Apply on a paper form – ABN registration for companies, partnerships, trusts and other organisations (NAT 2939) – which is available by phoning 13 92 26.
** Register for an AUSKeyExternal Link
** ABN registration – selecting your entity and organisation type
Starting an NFP :
This page provides an overview of the process for getting your NFP up and running, about tax concessions, deductible gift recipient endorsement and legal structures. For more detailed information follow the links at the end of the page.
An NFP organisation is an organisation that is operating for its purpose and not for the profit or gain (either direct or indirect) of its individual members.
NFP organisations fall within two broad categories :
** charities, and
** other NFP organisations that are not charities, for example: most sporting and recreational clubs, community service organisations, professional and business associations and social organisations.
Charities must register with the Australian Charities and Not-for-profits Commission (ACNC) before they can be endorsed by us for tax concessions or apply for certain categories of deductible gift recipient (DGR) status.
Other NFP organisations that are not charities may be able to self-assess whether they are income tax exempt or taxable and whether they will have access to other tax concessions. They will need to be endorsed by us to obtain DGR status.
Before you start an NFP organisation :
Focus on what you want to achieve. Is setting up a new NFP organisation or charity the best way to achieve your goals? There may be an existing charity or NFP organisation that already does what you want to do or that may take on your idea as a project that it can support.
You should consider :
** What will your organisation try to achieve?
** What will its main activities be?
** What programs or services will you provide?
** Who is your target audience?
** Who will benefit from the organisation’s activities and programs?
** Why is there a need for this new organisation?
** How long will your NFP organisation or charity last? Will it be for a one-off short-term project or operating on an ongoing basis?