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Hi all,
I'm part of a startup that will be funded mainly through donations. I have looked at the ATO's website and been on the phone with them but am unable to find out how to manage donations.
My question is this: how should I report donations? Is there a format for activity statements? Or is there something else?
Many thanks in advance for your help.
I'm part of a startup that will be funded mainly through donations. I have looked at the ATO's website and been on the phone with them but am unable to find out how to manage donations.
My question is this: how should I report donations? Is there a format for activity statements? Or is there something else?
Many thanks in advance for your help.