Working for gingernuts: Should not-for-profit boards be paid?
Not-for-profit directors face rising legal risk and governance demands – often unpaid. Is working for purpose (and biscuits) still enough?
The IoD supported the updating of the Ruling on GST and Directors' fees to reflect changes to the GST Act, and encouraged the development of simple and user-friendly guidance on this matter. Read submission
The new guidance is now available and an overview is available here.