Please find below
a link to the submission that we have made on behalf of our
Higher Education Sector 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 Australian
Universities for comment and we have received feedback and support
from a number of Universities. We thank everyone for their
input.
Hopefully, Treasury will take on board our concerns and ensure
that the University 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 University that
can be provided to various Committees (Finance / Internal
Audit).