Australian film incentives
November 30, 2023
In the 2023-24 Federal Budget (Paper No 2 at p182), the government announced that:
the location offset would be increased from 16.5% to 30% and
the minimum qualifying Australian pro...
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NFP annual reporting requirements
November 30, 2023
The ATO has issued a reminder that not-for-profit entities with an active ABN will need to lodge an annual NFP self-review return from 2023-24. The return can be lodged at any time betwee...
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Major shake-up of accountancy bodies
November 30, 2023
The Treasurer has advised that the following three bodies which currently oversee financial reporting and set the reporting standards will be combined into a single entity:
Australian...
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ATO data-matching program for officeholders
November 9, 2023
The ATO has registered a gazette to acquire officeholder information from ASIC, the Office of the Registrar of Indigenous Corporations (ORIC) and the ACNC for 2023-24 to 2024-25.
The o...
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