Navigating the ATO Self-Assessment Changes: ACNC Registration for Agricultural Societies
In light of the recent changes to the ATO’s self-assessment rules for not-for-profit entities, many agricultural societies are now considering registering with the Australian Charities and Not-for-Profits Commission (ACNC) to ensure compliance and maintain their tax exemptions. To assist societies in navigating this process, Agricultural Shows Australia has compiled a comprehensive FAQ document. This resource aims to guide societies through the ACNC registration requirements and help them better understand the implications of the recent ATO changes. We encourage all societies to review the FAQ and stay informed on how these updates may impact their operations.