Does my organisation have to lodge an income tax return?
Non-profit companies with a taxable income of $416 or less a year will not be required to lodge an income tax return because the income is below the taxable threshold. However, the Tax Office may notify a particular company that it is required to lodge a return. Non-profit companies with a taxable income of more than $416 a year must lodge an income tax return for that year. Organisations will need to use the company tax return to lodge a return.
