Record keeping for not-for-profits
Record keeping requirementsA good record keeping system will help you manage your tax obligations.All organisations are required to keep accurate and complete records of all transactions relating to their tax…
Key changes
System updatesWe continue to update Online services for agents to:align with legislative changesenhance functionality based on your feedback.The functions available to you in the system are determined by the services…
Top 3 questions before requesting lodgment deferrals
There may be circumstances where you need to request additional time to lodge your clients' obligations. Ask yourself the following questions before you apply for lodgment deferrals.1. Are the circumstances…
31 March lodgment deadline approaches for over 100,000 not-for-profits
Commencing for the 2023–24 income year, more than 100,000 non-charitable not-for-profits (NFPs) with an active Australian business number (ABN) are now required to lodge an annual self-review return to notify…
Prepare to lodge your quarterly TBAR
Self-managed super funds (SMSFs) report certain events that affect members transfer balance account quarterly using transfer balance account reporting (TBAR). You must report these events even if the member's total…
