Taxable organisations - Income tax guide for non-profit organisations

This information forms part of the publication Income tax guide for non-profit organisations (NAT 7967). It is also available in PDF and paper format.

Introduction

This chapter is for taxable non-profit organisations - those that are not income tax exempt.

It explains:

• whether a taxable organisation is a non-profit company
• what rate of income tax applies
• whether income tax returns need to be lodged, and
• how to calculate taxable income.

Organisations not covered This guide does not cover friendly societies or the special tax arrangements for certain trade unions and employee associations (registered organisations) which are exempt for only some of their income.