Not for Profit Organisation Contacts and Associates Up to Date?
Non-charitable not-for-profit (NFP) organisations with an active ABN are preparing to lodge their first NFP self-review return by 31 October.
The critical first step in preparing for lodgement is to update any new associates and authorised contacts appointed to your NFP.
This is because:
- the NFP needs to set up access to Online services for business to lodge the return
- it ensures authorised contacts can access the NFP’s tax account and receive important tax information from us.
- only authorised contacts will be able to update any registration details for the NFP with the ATO.
- Maintaining your registration contact details also means the ATO can inform you about important changes impacting the NFP sector.
To update your NFP’s details, download the Change of registration details form (NAT 2943) available at Notifying us of changes to your not-for-profit. It’s a legal requirement that ABN holders notify the Registrar of the Australian Business Register within 28 days of changes to their registration details.
Use this ATO checklist if you’re updating the NFP’s associates or authorised contacts. These changes can include appointing a new treasurer, office bearer, committee member or employee.
The checklist is a handy tool that covers:
- updating ABN registration details including associates, authorised contacts and addresses
- providing access to key documents, online tools, and a list of useful contacts
- handing over legal and tax information, including details of the NFPs legal structure, reporting obligations and governing documents.
If you have any questions or queries regarding your NFP don’t hesitate to get in contact us at STS Accounting.
