The not-for-profit sector is an industry sector that has experienced significant growth and development over the last five years as a result of accepting a greater responsibility for the provision of public sector services.
Since 2000 the not-for-profit sector has also experienced a high level of review by both Commonwealth and State revenue authorities resulting in significant changes. More recently, a raft of new measures were introduced into Commonwealth legislation including a statutory extension to the common law meaning of charity.
In addition, there have been a number of important court decisions and rulings published in recent years, and it is imperative that not-for-profit clients and their advisers are on top of the tax issues. Careful tax management will help ensure that they remain financially healthy and continue to provide excellent service to their members.
If your client is a not-for-profit then these seminar materials are a must.