• Lodgment rules



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    For income tax purposes, taxable non-profit organisations are treated as either:

    • non-profit companies, or
    • other taxable companies.

    A non-profit organisation does not need to be incorporated to be treated as a company for income tax purposes.

    Non-profit companies that are Australian residents have a taxable threshold. If the taxable income of an Australian non-profit company in an income year is below the threshold, it is not required to lodge a tax return for that year.

    The taxable threshold for the 2011-12 income year is $416 of taxable income.

    However, the ATO may notify a particular company that it is required to lodge a return.

    Other taxable companies are taxed on every dollar of taxable income. They must lodge a tax return each year.

    Non-profit companies and other taxable companies use the company tax return.

    Further Information

    For more information, including working out whether your organisation is a non-profit company or other taxable company, see Lodgment rules and tax rates in Mutuality and taxable income.

    End of further information
    Last modified: 20 Jul 2015QC 26072