ATO extends Not For Profit reporting deadline
The Australian Taxation Office (ATO) has extended the due date for not-for-profit organisations completing the NFP self-review return to update their governing documents from 30 June 2025 to 30 June 2026.
However, the extension only applies to NFPs who have not made any distributions of income or assets to members. Not for profit organisations who do not meet this criteria that failed to lodge their govering documents by the 30 June 2025 deadline risk their NFP becoming taxable and not able to claim the income tax exampt status.
The ATO is continuing to encourage not-for-profit organisations to review, update and lodge their governing documents as soon as possible.
Disclaimer: This does not purport to be comprehensive or to render legal advice. You should not act based on any information contained in this publication without first obtaining specific professional advice. Consult your legal advisor to determine if this applies to you.