One of the key benefits of being a charity, and also of being certain types of not-for-profits (that are not charities), is access to government tax concessions.
Tax concessions are one the the most complex areas of law that charities and not-for-profits need to deal with. This topic sets out some of the common tax concessions available, and the processes for accessing these tax concessions.
Most tax concessions are federal, however each state also has some tax concessions for certain charities and not-for-profits.
You can view our recently recorded webinar on Tax Concessions for Not-for-profit Organisations for a longer introduction to the tax landscape.