When your foundation sends out an Invoice, ensure it is not a Tax Invoice.
Ensure you do not collect GST.
When invoicing a supplier, inform them that you are Tax-exempt. Show them your NAT Form 3346 from the taxation office that shows you are tax exempt.
Section A –Your Name: use the Foundation’s full correct name. and ideally use the Foundation’s postal address. Your reason/s for not quoting an ABN: we suggest that you only mark the last box, “the whole of the payment is exempt income for the supplier.”
Section B –Name of supplier, always use the Foundation name. Signature of supplier is a man or woman approved by the Principal Participants for the Foundation & may sign in this box. Add a daytime phone number and the date, as indicated.
Note; the bottom left hand box says, “Do not send this statement to the Tax Office. The payer must keep this document with other records relating to the supply for 5 years. ”It is a Tax Office audit requirement only, use the name of the Foundation.