The Treasury and Revenue Legislation Amendment Act 2023 (NSW) introduced several key changes to how duty is applied to various transactions in NSW. This amending Act was introduced as part of NSW’s 2023-24 budget.
We have outlined the changes which are particularly significant for charity and not-for-profit organisations. Understanding these changes is crucial for organisations
Authors: Belinda Marsh, Partner and Monisha Lazarus, Associate
The ACNC has recently published a new registration decision summary, which provides guidance on the appropriate charitable subtype for organisations seeking registration as a charity, with a charitable purpose of relieving necessitous circumstances.
Summary of ACNC registration decision
The ACNC decision summary relates to an organisation that
Authors: Belinda Marsh, Partner and Merisa Raic, Special Counsel.
The ACNC has published its first decision summary which is part of the new ACNC Secrecy Reforms Project (the Project).
The ACNC received funding in the 2023-24 Budget for the project with the aim of improving transparency and providing more information to the charity sector
Authors: Belinda Marsh, Partner and Ellysia Joannidis, Associate
From 9 November 2023, there will be a change to the unfair contract terms regime which will mean that Courts will be able to impose significant penalties on businesses that include unfair terms in their standard form contracts. The changes will also give the Courts more
Authors: Belinda Marsh, Partner and Dylan Anderson, Paralegal
Update on 2 November 2023 – the case referred to in this article is subject to an appeal to the Full Federal Court. We will provide a further update to the case and the response from ACNC as the matter develops.
The updated Commissioner’s Interpretation Statement has
Since 2017, the NSW Government has progressively mandated the use of electronic conveyancing (eConveyancing), which is an efficient and secure way of conducting settlement and lodgement transactions within the digital environment.
On 11 October 2021, New South Wales will complete its transition to 100% eConveyancing following new mandates
The Treasury Laws Amendment (2021 Measures No 2) Bill 2021 (Bill) which amends the Income Tax Assessment Act 1997 (ITAA 1997) was passed by both Houses of the Parliament on 2 September 2021 and awaits assent. Schedule 1 of the Bill makes charity registration a precondition for DGR endorsement.
Charities are required to file their Annual Information Statements (AIS) with the Australian Charities and Not-for-profits Commission (ACNC) each year. We have summarised the recent changes to Charities’ reporting obligations that you should be aware of.
At the moment, small charities are classed as those with
Makinson d’Apice is very pleased to advise that Bill d’Apice has been awarded a Member of the Order of Australia (AM) in the Australia Day 2021 Honours List.
Bill was awarded the Member of the Order of Australia for his significant service to the law, to the legal profession, and
Makinson d’Apice is pleased to announce that Bill d’Apice has been recognised in Chambers and Partners’ Asia Pacific 2021 edition as a ranked lawyer in the area of Charities, for the fourth consecutive year.
With the assistance of other professionals within the firm’s Charities & Not-For-Profits team, Bill has been advising and representing hundreds of