There are a range of concessions available to non-profit organisations. Few of the concessions apply to all organisations in the non-profit sector – they generally apply to particular types of non-profit organisations.
The table below provides a summary of tax concessions and the types of non-profit organisations that can access them.
The table groups non-profit organisations as follows:
charities – public benevolent institutions, health promotion charities, charitable institutions and charitable funds
income tax exempt funds, and
other non-profit organisations.
The table refers you to more information about each concession. For an explanation of each type of non-profit organisation see Types of non-profit organisations.
There are also concessions for:
Public and non-profit hospitals and public ambulance services – see FBT exemption
Only certain types of non-profit organisations are exempt from income tax. Many non-profit organisations are taxable, but may be entitled to special rules for calculating taxable income, lodging income tax returns and special rates of tax – see Income tax exemption.
Public and non-profit hospitals and public ambulance services are eligible for this concession – see FBT exemption.
Certain non-government non-profit organisations are eligible for this concession – see FBT rebate.
The entity must be a deductible gift recipient to access this concession – see Deductible gift recipients.
The entity must be endorsed by the Tax Office as a deductible gift recipient to access this concession. The only organisations that do not need to be endorsed are those listed by name in the tax law, including prescribed private funds – see Deductible gift recipients.
The entity must be an income tax exempt charity, income tax exempt fund, or deductible gift recipient to access this concession – see Refunds of franking credits.
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