YOU NEED TO KNOW ABOUT NDIS:
NDIS companies, if they meet the requirements of section 38-38 of the GST Act, are classified as a GST-free supply. What this means is that income earned by these NDIS companies are not ‘taxable’ for GST purposes.
Not-for-profit NDIS companies can utilize the ‘salary sacrifice cap’, which provides employees with benefits without any fringe benefit tax (FBT) implications. This will improve employee retention and is also more favourable financially.
Having the ability to generate significant spare cash reserves, NDIS companies need to have a plan to utilize these in the most efficient way possible that ties in with their core purpose.