From 1 July 2024, non-charitable not-for-profits (‘NFPs’) with an active Australian Business Number (‘ABN’) will be required to lodge a new annual NFP self-review return with the ATO to confirm their income tax exemption status.

This will include sporting, community and cultural clubs, among other organisations.

Non-charitable NFPs that have an active ABN can get ready now by:

  • conducting an early review of their eligibility by using the ‘ATO’s guide’ on the ATO’s website;
  • checking all their details are up to date, including authorised associates, contacts and their addresses;
  • reviewing their purpose and governing documents to understand the type of NFP they are; and
  • setting up myGovID and linking it to the organisation’s ABN using ‘Relationship Authorisation Manager’.

When it comes time to lodge, NFPs can use Online services for business which lets organisations manage their reporting at a time that is convenient for them.  If an NFP has engaged a registered tax agent, their agent can also lodge on their behalf through Online services for agents.

The first return is for the 2023/24 tax year and NFPs will need to prepare and submit their annual self-review between July and October 2024.

As an interim arrangement for the 2023/24 transitional year, eligible NFPs unable to lodge online will be able to submit their NFP self-review return using an interactive voice response phone service.