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Charities & Not-For-Profits Law in Australia

Monthly Archives: October 2013

New Government Brings Uncertainty to the Not-For-Profit and Charity Sector

Posted in Compliance, General, Governance

Following the Coalition’s election win in September, the Government has continued its rhetoric that it will dismantle the Australian Charities and Not For Profits Commission (ACNC) and move all regulatory functions to the Australian Taxation Office (ATO). With the ACNC still in its infancy, this has brought great uncertainty to the NFP and charity sectors…. Continue Reading

Are you eligible to Bulk Lodge your Annual Information Statement with the ACNC?

Posted in Compliance, General, Governance

Charities registered with the Australian Charities and Not-for-Profits Commission (ACNC) are required to submit an Annual Information Statement (AIS) each year. To make AIS reporting easier for organisations such as a corporate trustee administrating multiple trusts, or an administrative office for multiple religious charities,  the ACNC released form 4C Annual Information Statement – Bulk Lodgement… Continue Reading

CPA Guide helps ACNC Charity Compliance

Posted in Compliance, General

CPA Australia has just released a new guide “Charities – A guide to financial reporting and assurance requirements” to assist charities registered with the Australian Charities and Not-for-profits Commission (ACNC) to understand and comply with their various reporting obligations. This resource is the first of its kind and sets out in plain English the range… Continue Reading

Home Health Pty Ltd – What is an “Institution”?

Posted in Compliance, General, Tax Exemptions & DGR Status

On 3 July 2013 the Administrative Appeals Tribunal upheld the decision of the Commissioner of Taxation to refuse endorsement of Home Health Pty Ltd as a public benevolent institution or a charitable institution. Home Health Pty Ltd (Home Health), a mental health services provider is a proprietary company incorporated on 9 June 1997. The Tribunal… Continue Reading

ACNC Private Ancillary Fund Privacy Opt-in Extended to 30 June 2014

Posted in Compliance, General, Governance, Liability & Risk, Tax Exemptions & DGR Status

Under the Australian Charities and Not-for-Profits Commission Act 2012, certain information must be published by the Commissioner on the ACNC Register for the public to view. This information includes the entity’s name, ABN, sub-type, governing rules, details of responsible entities, information statements, financial reports or any other information the Commissioner is authorised to collect. This… Continue Reading

ACNC and the Advancement of Religion

Posted in Compliance, General, Tax Exemptions & DGR Status

Charities registered with the ACNC which solely pursue purposes for the advancement of religion must ensure that the correct corresponding “sub-type” of entity (i.e. advancement of religion) has been confirmed with the ACNC before 3 December 2013. In accordance with the Charities (Consequential Amendments & Transitional Provisions) Act 2013 from 1 January 2014 there will… Continue Reading