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ARTICLE · 12 MAY 2012

Federal Budget 2012/13 - Not-for-profits

Moore Australia
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There is little in the 2012/13 budget to specifically impact the not-for-profit sector after previous taxation reforms.

AustraliaGovernment, Public Sector
Rick Basheer
Rick Basheer
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There has been significant tax and governance reform of the not-for-profit sector over the last two years, with many announcements made. There is little in this budget that will specifically impact on the taxation and governance of the sector, allowing it time to digest the previously announced measures. There are a number of funding initiatives which will interest some not-for-profits.

National disability insurance scheme

One of the biggest measures announced in the budget is $810 million in funding for the national disability insurance scheme, This is a significant reform with wide range impacts for a number of the vulnerable in society.

Better targeting of not-for-profit concessions

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