09 Aug 2011
This guide from the ATO will be beneficial for member clubs in determining the directions of their clubs as well as their eligibility for Tax Income exemption.
The publication also provides sporting clubs with guides on how to do a DIY self-assessment to decide if this exemption is applicable to their situation. Being a not-for-profit organisation does not guarantee Income Tax exemption.
Please click here to view.
In our Members Only section, we have now added 'Australian Taxation Office Publications' which will list any updates from the ATO that may impact members.