From 1 July, non-charitable not-for-profits (NFPs) with an active Australian business number (ABN), must lodge an annual NFP self-review return to self-assess as income tax exempt. The first NFP self-review return needs to be lodged for the 2023–24 income year.
We're helping NFPs prepare to lodge their self-review return with a webinarExternal Link covering the following:
- what NFPs need to know about the new requirements
- how to set up myGovIDExternal Link and linking to Relationship Authorisation Manager
- how to update your organisation's ABN details
- lodging a NFP self-review return in Online services for business.
The webinar also provides information on client-to-agent linking and how NFPs can nominate an agent to lodge the self-review return in Online services for agents.
More information
We update guidance regularly at Reporting requirements to self-assess income tax exemption.