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Does your NFP need to lodge an income tax return?

Taxable NFPs may need to lodge an income tax return - this is different to the NFP self-review return.

Published 2 March 2025

Taxable not-for-profit (NFP) organisations must lodge income tax returns and pay income tax on taxable income.

The income tax return is different to the NFP self-review return. If you have been self-assessing as income tax exempt and notified us through the self-review return that your NFP is taxable, you must also lodge an income tax return or a non-lodgment advice form to meet your tax obligations for the 2023-24 income year.

Taxable NFPs with an income year ending 30 June, must lodge their income tax return or non-lodgment advice by 15 May 2025. If your NFP has an ATO-approved substituted accounting period, check your due date to lodge the 2023–24 income tax return as it is determined by your approved balance date. Avoid last minute stress by getting started well before the due date.

If you think your NFP is not taxable and is eligible to self-assess as income tax exempt, read the guide to Reporting requirements to self-assess income tax exemption.

How to lodge

If you are a taxable NFP company with less than $416 in taxable income, you can meet your NFPs lodgment obligation by completing the new downloadable non-lodgment advice form.

All other taxable NFPs, including partnerships and trusts, must lodge an income tax return. You can lodge:

If you will be using a new tax agent, you must first nominate them as your registered tax agent. For more detailed information about these steps you can visit how to nominate your registered agent where you can download our PDF guide How to nominate an agent in Online services for business.

To find out more about how to lodge, check out the Not-for-profit guide to the Company tax return 2024.

Keep up to date

We have tailored communications for the NFP sector to keep you up to date with key tax and super information:

 

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