Understanding Income Tax Exemption for NFPs, and the NFP self-review return Webinar Recording

Understanding Income Tax Exemption for NFPs, and the NFP self-review return Webinar Recording

Welcome to our comprehensive webinar on income tax exemption for not-for-profit (NFP) organisations! In this session, hosted by Robert Campbell and Alastair Abbott, we cover essential information for NFPs with an ABN that are NOT registered with the ACNC.

Remuneration of religious ministers and interaction with Single Touch Payroll

Remuneration of religious ministers and interaction with Single Touch Payroll

The ability for ministers of religion to be paid exempt, non-reportable fringe benefits is a very generous concession within the Australian Taxation landscape. This article aims to clarify how exempt, non-reportable fringe benefits work, linking back to standard payroll concepts, which will then make it clear how such payments should be recorded for STP2 purposes.