John Smith wrote: > --- On Wed, 12/8/09, Matt White <[email protected]> wrote: > > >> But it's a lot of organisation/hassle etc so whoever is >> taking charge >> will need a fair bit of time. However, there's nothing >> > > Apart from the exact wording on the rules submitted to the DFT or other state > body, all it takes is about $110 and about 10-30 minutes in line at the local > DFT office. > > I was more referring to the ongoing requirements - taxation/finance reporting (BAS statements are applicable to non-profits, but not sure about IAS statements), plus the yearly ones (GST, FBT amongst others - perhaps the ASIC registration).
Plus potentially public liability and other insurance, and as if the org was to pay anyone for work (and I guess iwe should probably aim have a viable enough operation to require at least part time employees), you get into PAYG, super and the like. It doesn't cost much to start a non-profit, but it does cost money to operate one. Not 100% on this, but for companies, things like the end of finacial year tax stuff has to be signed off by an accountant, plus all the other incidentals. (I'm not trying to be negative here - just speaking from having spent the last decade dealing with all this stuff after registering a company 13 years ago cos it was cheap and seemed like a good idea at the time...) However, any money we donated to the chapter would be a tax deduction, which would be awesome.... I've always wanted a tax deductible hobby - I can't seem to write off buying guitars as an expense with my current companies... It would be good to have a proper place for the couple of domain names that a few of us own as well - I felt a little sheepish registering osmaustralia.org when I did - it kind of didn't seem right... Matt _______________________________________________ Talk-au mailing list [email protected] http://lists.openstreetmap.org/listinfo/talk-au
