There have been changes to the administration of not-for-profit organisations that self-assess as income tax exempt.

These changes mean non-charitable not-for-profits (NFPs) with an active Australian Business Number (ABN) are required to lodge an annual NFP self-review return in order to self-assess as eligible for income tax exemption.

This annual reporting requirement came into effect on 1 July 2023. The first NFP self-review return that non charitable not-for-profits will lodge covers the 2023-24 income year.