Statements and returns for non-profit organisations

Activity statements for not-for-profits

Not-for-profit organisations use activity statements to report and pay a number of tax obligations, including GST, pay as you go (PAYG) instalments, PAYG withholding and fringe benefits tax.

Ancillary fund returns

Public and private ancillary funds (which are categories of deductible gift recipients) must lodge an annual information return.

Annual GST returns for not-for-profits

A not-for-profit organisation may be able to report and pay its GST annually.

Franking credit refunds

Not-for-profit organisations that receive franked dividends may be entitled to a refund of the attached franking credits.

Income tax returns for not-for-profits

While some types of not-for-profit organisations are exempt from income tax, others are taxable and may need to lodge an income tax return.

Not-for-profits and the Common Reporting Standard

The Common Reporting Standard requires not-for-profit (NFP) Financial Institutions to report Financial Account information on foreign tax residents.

PAYG withholding for not-for-profits

If a not-for-profit organisation has employees it needs to register for PAYG withholding and withhold amounts from salary and wages and pay those amounts to us.