Pleased find attached link to the submission, that we have made on behalf of our Not For Profit clients, in respect to the Better targeting of Not-For-Profit tax concessions – Consultation Paper 27 May 2011.

A draft of this submission was forwarded to all of our clients for comment and we have received feedback and support from them. We thank everyone for their input.

Hopefully, Treasury will take on board our concerns and ensure that the NFP sector is not materially impacted under these proposed reforms. We await the draft legislation with anticipation.

Proposed Regime Health Check

As previously highlighted Moore Stephens is currently developing a "Health Check" product which will determine the potential operational and financial impact on each NFP that can be provided to various Committees (Finance / Internal Audit).

This Health Check will identify the key issues and potential structuring/planning that a NFP may undertake in preparing for any potential changes.

If you're organisation would like a specific health check report that can be provided to your various committees please contact either;

  • Stephen O'Flynn - Melbourne (03) 8635 1986
  • Steven Allan - Melbourne (03) 8635 1913
  • Katrina Daly - Sydney West (02) 9890 1111
  • Allan Mortel – Sydney (02) 8236 7725
  • Joe Shannon – Sydney (02) 8236 7700

 

Pleased find attached a link to the submission, that we have made on behalf of our Not For Profit clients, in respect to the Better targeting of Not-For-Profit tax concessions – Consultation Paper 27 May 2011.

A draft of this submission was forwarded to all of our clients for comment and we have received feedback and support from them.  We thank everyone for their input.

Hopefully, Treasury will take on board our concerns and ensure that the NFP sector is not materially impacted under these proposed reforms.  We await the draft legislation with anticipation.

style="font-weight:bold;">Proposed Regime Health Check

As previously highlighted Moore Stephens is currently developing a "Health Check" product which will determine the potential operational and financial impact on each NFP that can be provided to various Committees (Finance / Internal Audit).

This Health Check will identify the key issues and potential structuring/planning that a NFP may undertake in preparing for any potential changes.

If you're organisation would like a specific health check report that can be provided to your various committees please contact either;
  • style="font-weight:bold;">Stephen O'Flynn - Melbourne (03) 8635 1986
  • style="font-weight:bold;">Steven Allan - Melbourne (03) 8635 1913
  • style="font-weight:bold;">Katrina Daly - Sydney West (02) 9890 1111
  • style="font-weight:bold;">Allan Mortel – Sydney (02) 8236 7725
  • style="font-weight:bold;">Joe Shannon – Sydney (02) 8236 7700

This publication is issued by Moore Stephens Australia Pty Limited ACN 062 181 846 (Moore Stephens Australia) exclusively for the general information of clients and staff of Moore Stephens Australia and the clients and staff of all affiliated independent accounting firms (and their related service entities) licensed to operate under the name Moore Stephens within Australia (Australian Member). The material contained in this publication is in the nature of general comment and information only and is not advice. The material should not be relied upon. Moore Stephens Australia, any Australian Member, any related entity of those persons, or any of their officers employees or representatives, will not be liable for any loss or damage arising out of or in connection with the material contained in this publication. Copyright © 2011 Moore Stephens Australia Pty Limited. All rights reserved.