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Not-For-Profit Network News
Taxation, Government and Insurance
The following articles relate to Taxation, Insurance and Legislation regarding Volunteers and Non-Profit Organisations.
This act contains provisions about the protection of volunteers from certain types of personal and civil liability.
It can be read at:
The Commonwealth Government has passed an act called Terrorism Insurance Act 2003. In essence, it appears that this legislation imposes an obligation on insurers to provide terrorism cover - in the event of an eligible terrorism loss - even though policies might exclude such cover.
The Act was passed by the Commonwealth Government on 16 June, 2003 and has subsequently received Royal Assent. It commenced operation on 1 July, 2003. The Act affects eligible insurance contracts which were in force on, or incepted after that date.
For more information, visit the website at:
The Australian Tax Office devotes a section of their website to tax issues surrounding volunteers and volunteer organisations. This includes details on several publications relating to the non-profit sector.
The publications and their NAT numbers are as follows:
If you would like copies of these publications contact:
Ph: 1300 720 092 and quote the NAT number of the desired publication or
Mail: GPO Box 9935 in your capital city
For more information, see the ATO's website.
Lifelong Learning Council Queensland Inc. have established an insurance scheme designed to help non-profit organisations to meet their risk management needs through insurance at a cost effective price. LLCQ are acting as an administrator for the scheme, and are not the brokers for the insurance policies.
There are several types of insurance available through this scheme, including Public/Product Liability, Volunteer Personal Accident, Directors & Officers/Professional Indemnity/Employment Practices and Industrial Special Risks.
The scheme is available only to organisational members of Lifelong Learning Council Queensland Inc.
For further information about this insurance cover or membership, please contact LLCQ on:
Mail: PO Box 5054, West End Qld 4101
Ph: (07) 3844 8400
Fax: (07) 3844 5599
Email: insurance@LLCQ.org
Internet: www.llcq.org
The 8th Edition of the Queensland Law Handbook has now been released. This edition has been completely revised due to recent changes in the law. The book contains easy-to-read chapters with details on legislation and where to go for further help as well as much more.
For further information:
Ph: (07) 3254 1811
Fax: (07) 3254 1356
Email: publications@caxton.org.au
Internet: www.caxton.org.au
Community Care Underwriting Agency (CCUA) provide insurance for Community and Non-Profit groups that provide services to the broader community, have an annual turnover or funding of a maximum of $5 million, do not distribute profits to members and are comprised primarily of volunteers.
Further information is available from CCUA via their website, or by phoning 1800 023 456.
Six new general categories of deductible gift recipient (DGR) have been established.
Taxpayers can now claim an income tax deduction for certain gifts of money or property to these organisations that are endorsed as DGRs under the new categories.
In order to be a DGR, an organisation must either be endorsed under one of the general categories set out in the income tax law or be listed by name.
The new categories are in effect as of 1 July, 2006.
For more information, visit the ATO website.
The Commonwealth Volunteers Protection Act 2003 is designed to protect volunteers working for the Commonwealth from civil liability, and for related purposes.
The act is similar to that passed in SA in 2001 but applies specifically to volunteers working for Commonwealth agencies.
The act is available to read online at:
There are often changes to the legislation regarding Workplace Health & Safety. Since this legislation applies to volunteers as well as paid workers, it should be referred to when developing policies and procedures involving volunteers in community organisations.
The act is available to read on the Workplace Health & Safety website at:
There are often changes to the legislation regarding Anti-Discrimination. Since this legislation applies to volunteers as well as paid workers, it should be referred to when developing policies and procedures involving volunteers in community organisations.
The act is available to read on the Anti-Discrimination Commission - Queensland website at: