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Feature Article

TR 2013/2 – Income tax: school or college building funds

October 2024

This article provides you with a brief run down on the changes to the Taxation Ruling on School Building Funds (SBFs); what it could mean for your SBF, or a school that you are operating and your eligibility to be endorsed to operate a SBF as a deductible gift recipient (DGR) fund.

Read more ⇢

Insights

The Australian Taxation Office (ATO) published an updated consolidated version of Taxation Rulian TR 2023/2 regarding school building funds (SBFs). Here's what is means: Read more    Read more →
Equality Australia Limited was unsuccessful in its registration dispute for public benevolent institution status with the ACNC. Its advocacy work for law reform and social change lacked a ‘sufficient connection’ to the relief of the distress of LGBTQI+ people. The Federal Court of Australia found that there was no error of law and dismissed the appeal.    Read more →
On 30 November 2023, the Productivity Commission released its draft report into Future foundations for giving (Draft Report).
The purpose of the Draft Report is to establish foundations for the future of philanthropy in Australia.    Read more →
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