Articles on Charity

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Commercial activities by charities which don’t directly fund their altruistic activities, are set to incur tax. AAP

Let charities keep their income tax exemption

The not-for-profit sector is facing the loss of a privileged exemption that allows charities to avoid paying tax on profit-making activities. Announced in May’s Budget, the changes will see not-for-profit…
Changes to the charity tax rules could impact on Gloria Jean’s among other organisations. Flickr/Edwin Tang ET

Charity tax changes to help lawyers and accountants, but no-one else

Tonight’s budget is expected to tighten a tax loophole for charities which run businesses unrelated to their charitable work. The government thinks it will increase revenue for Australia’s coffers. It…

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