New Annual Not-For Profit (NFP) Self-Review Reporting Obligations
Are you involved in a local NFP group or association? You may not be aware that there is a new annual reporting requirement to notify the ATO of the organisation’s income tax exempt eligibility.
From 1 July 2023, non-charitable NFP organisations with an active Australian Business Number (ABN) that self-assess as income tax exempt are required to lodge an annual self-review return with the Australian Tax Office (ATO). Until now, NFP organisations that self-assess had not been required to report annually to the ATO.
The following 8 categories are income tax exempt entities that can self-assess their eligibility for income tax exemption:
- Community Service Organisations
- Sporting Organisations
- Cultural Organisations
- Educational Organisations
- Health Organisations
- Employment Organisations
- Resource Development Organisations
- Scientific Organisations

If you are involved with a NFP association you may have received a notice from the ATO alerting you of this new requirement however if you have any questions or require assistance with completing the form, we are here to assist you.
