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Changes to paid parental leave payments - There will be no paid parental leave payments from 31 December to 18 January, because of the holidays. Find out more.

Work out the net asset balance

1. Take your entity's assets, including accumulated income.

2. Subtract liabilities.

3. Subtract the value of any excluded assets.

Your final figure is your net asset balance.

Record the balance

Record this in the income tax return for the period that includes the day one year after your charity was deregistered.

Tax exemptions and donee status for charities or businesses operating for charities

When your charity is deregistered

Last updated: 21 Jun 2021
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