Background
It's important that your NFP organisation has good governance and you are meeting your tax and super obligations. You need to check that you continue to be entitled to:
- deductible gift recipient (DGR) endorsement
- income tax exemption
- other tax concessions.
To do this, you should complete a self-review of your NFP every 12 months and when your organisation makes changes to its governing rules or structure and activities.
The checklist and worksheets below will help you complete your self-review. You may need to complete more than one worksheet depending on the entitlements you are claiming.
You must also:
- write to us if your organisation is no longer eligible for DGR endorsement or income tax exemption
- notify us if there are changes to your organisation – including name, key personnel or Australian business number (ABN) registration details.
If you don't notify us of changes to your eligibility or registration details, penalties or a referral to prosecution may apply.
Not-for-profit good governance checklist
All NFPs should complete the self-governance checklist.
This will help you:
- understand the types of income tax exempt organisations
- review your status as a NFP
- manage your tax and super compliance risks.
Eligibility to income tax exemption
From 1 July 2023, non-charitable NFPs with an active ABN need to lodge an annual self-review return to confirm their eligibility to self-assess as income tax exempt.
NFPs that self-assess as income tax exempt, can use the questions in our self-review guide to conduct an early review. This can be done before the NFP-self-review return is available on 1 July.
Charitable NFPs endorsed as a tax concession charity (TCC), must self-review TCC endorsement annually, and whenever there is a change in the charity's structure, purposes or operations.
Charities are not required to lodge the NFP self-review return with the Tax office.
The following worksheet will help charities review their TCC endorsement:
- Endorsement review worksheet for income-tax exempt charities (NAT 74110) – for a charity registered with the Australian Charities and Not-for-profits Commission (ACNC).
Deductible gift recipient (DGR) endorsement worksheets
The following worksheets will help you to work out whether your NFP organisation is still entitled to endorsement as a DGR.
Select the worksheet that applies to your organisation: