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 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 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
In the latest issue of the F&P (Fundraising & Philanthropy) magazine, Joanne Grant, Partner at Makinson d’Apice takes a look at the legislative and compliance requirements that will impact the charity and not-for-profit sector in the next 12 months.
Click on the image to read the article.
It is quite common for charities to provide gifts or honorariums to individuals who are important to their organisations as a gesture to express their gratitude and appreciation. However, as registered entities with the Australian Charities and Not-for-profits Commission (ACNC), charities are required to comply with the ACNC’s Governance Standards when applying its resources. Therefore,
Bill d’Apice, Chairman and Partner, has been recognised in Chambers and Partners’ Asia Pacific 2018 edition as a Band 1 lawyer in the area of Charities.
This is a well-deserved acknowledgement and recognition of Bill’s dedication to the Charity sector over many decades.
From the Chambers Asia-Pacific guide:
“Bill d’Apice of Makinson & d’Apice in
A reminder to check your School Building Funds’ compliance with the ATO requirements.
School and College Building Funds may attract the attention of the ATO’s compliance program this year. The ATO develops and implements its compliance program annually, which identifies key areas for its compliance activities for the financial year. The compliance program targets areas
Most Charities will be aware that it is a condition of registration as a Charity (other than as a basic religious charity) that the Charity complies with the ACNC Governance Standards which have applied since 1 July 2013.
However, it is not enough that the Charity complies with the ACNC Governance Standards at the time
New NSW Associations Laws to Commence on 1 September 2016
Important amendments to the Associations Incorporation Act 2009 (NSW) and the Associations Incorporation Regulation 2016 (NSW) will commence on 1 September 2016.
These amendments will affect both existing Associations and the registration process for new Associations in NSW.
The following summary highlights the key changes:
In a further step to provide a user-friendly and reliable source of data for the community, last week the Australian Business Register (ABR) and Australian Charities and Not for Profits Commission (ACNC) entered into a Memorandum of Understanding (MOU) to facilitate data sharing between the two agencies.
Occasionally, there are data discrepancies between the two