Tag Archives: ACNC

ACNC Review well underway

The ACNC celebrated its fifth birthday in December 2017.  As provided for in the original legislation, the Government is now conducting a review, the terms of reference indicating that it should: Examine the extent to which the objects of the … Continue reading

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ACNC gets tough on defaulting charities

The ACNC has recently announced that it will move to deregister almost 90 charities for failing to submit their Annual Information Statements for two years (“double defaulters”).  As a result, these charities will lose their Commonwealth tax concessions.   The … Continue reading

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ACNC extends transitional reporting

When the ACNC was introduced, transitional arrangements were put in place to allow the ACNC to accept reports prepared for the state regulators for two years. This allowed charities that were also preparing financial accounts for Consumer Affairs, for instance, to lodge … Continue reading

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ACNC here to stay

A little more certainty has been provided to the charities today with the announcement that the Government will retain the Australian Charities and Not-for-profit Commission (ACNC).   A recently released report commissioned by the ACNC indicates that cutting unnecessary or inefficient regulation could save … Continue reading

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Handy checklists for Not-For-Profit organisations

Are you the administrator, treasurer, office bearer or an employee involved in the tax administration of your not-for-profit organisation (NFPO)? The Tax Office have just released a Handover Checklist and a Self Governance Checklist to assist you manage your work … Continue reading

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Bill to Abolish the ACNC

  The Coalition Government made a pre-election promise to abolish the ACNC.  To this end, in March, the first of two bills was tabled.  This first bill is designed to abolish the ACNC legislation, but will take effect only when a second bill, establishing … Continue reading

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Religious organisations – don’t miss the 2nd December ACNC deadline!

Most religious organisations will have by now advised the ACNC that their purpose is the advancement of religion. If you have yet to do so, you need to hurry, as the deadline is 2nd December 2013. Failure to do so … Continue reading

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Australian Charities and Not-for-profits Commission

The new official ACNC website www.acnc.gov.au is up and running for clients with details of how to register your charitable entities, access to various publications, fact sheets and links to legislation. Contact our Not-For-Profit team at rdl.accountants for more information.

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