If you're running a not-for-profit (NFP) organisation, there may be concessions you can access, but you may need to register your organisation first.
The concessions you can access depend on the type of NFP organisation and how it operates. For example, some NFP organisations don’t have to pay income tax.
Charities must register with the with the Australian Charities and Not-for-profits Commission (ACNC) and be endorsed by us to access income tax exemption.
Some NFP organisations that are not charities, can self-assess their eligibility for income tax exemption and don't need to be endorsed by us to access that concession.
NFP concessions your organisation may be able to access include:
- income tax exemption
- FBT exemption (subject to capping threshold)
- FBT rebate
- GST concessions for NFP organisations (including charities) and gift deductible entities
- deductible gift recipient status
- refunds of franking credits.
If you need help, phone our dedicated NFP Advice Line on 1300 130 248 or our Indigenous helpline on 13 10 30 (8 am to 6 pm, Monday to Friday, except public holidays).
For more information about NFP structures and to understand which type your organisation is, visit Types of NFP organisations.