So many organisations are now trading as Not for Profit and avoiding paying tax.
Numerous sporting clubs do not pay tax along with Unions, religious organisation and many more. Many of these groups show healthy bank balances whilst letting their executives wine and dine on the income they derive This corruption and theft of member’s contributions was blatantly exposed in the Unions with the Royal Commission. Numerous religious organisations are also reaping millions from their parishioners and providing little or no heavenly benefit.
The parishioners get no tax reduction for the money they put in the plate whilst Unionists who pay their subscriptions can claim it as a working expense. The whole system is a mess and clearly needs a good overhaul. Our Treasurer claims to be looking for ways to reduce the defi cit yet here right in front of him is a pot full of money which he could put back into Government coffers.
Email, Apr 6, 2016 Rod Fountain, Erina