FBT and religious practitioners

Religious institutions providing fringe benefits to religious practitioners are exempt from fringe benefits tax (FBT) under section 57 of the Fringe Benefits Tax Assessment Act 1986 (FBTAA). Unlike some other FBT exemptions, the concession is not subject to a dollar cap and is a highly valued method of remunerating religious practitioners. [...]

2019-09-18T13:06:14+10:00September 18th, 2019|

Trends in the not-for-profit sector: ATO NFP Stewardship group

Background The ATO convenes a stewardship meeting with NFP sector representatives several times a year to discuss matters of mutual concern relating to nonprofit tax administration. The November 2018 meeting minutes have just been released and the following issues will be of interest to those responsible for tax compliance of not for profit [...]

2019-03-28T09:49:55+10:00March 28th, 2019|
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