• Tax and fundraising

    As an NFP you need to be aware of various taxes that may apply to the running of your organisation. These may include:

    • income tax
    • goods and services tax (GST)
    • fringe benefits tax (FBT).

    As an NFP organisation you may need to pay tax on your income. Some NFPs have to pay income tax and some are exempt.

    If your NFP organisation undertakes fundraising activities you may need to pay GST. There are a range of GST concessions for NFP organisations that may be applied to your fundraising activities.

    FBT is a tax employers pay on certain benefits they provide to their employees. The benefits may be in addition to, or part of, their salary package. Generally, benefits provided to volunteers and contractors don't attract FBT.

    See also:

    Last modified: 25 Jul 2017QC 46293