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Changes to Income Tax Reporting Requirements for NFPs 

A crucial update has emerged in the administration of not-for-profits. To ensure your NFP maintains its income tax-exempt status, read on for essential details.    What are the changes?    From 1 July 2023, non-charitable NFPs with an active Australian business number (ABN) self-assessing as income tax exempt need to lodge an annual NFP self-review […]

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Confidential

Cantor v Audi Australia and the Laws of Legal Privilege

Cantor v Audi Australia Pty Ltd [2016] FCA 1391   Facts:   This case concerns the scope of legal professional privilege (LPP) in Australia. The privilege dispute arose during five parallel class actions by purchasers or lessees in Australia of various diesel engine models of Volkswagen, Audi or Skoda motor vehicles, alleging that there was

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Charity

Bill to Introduce New Category of DGR Charities

In recent exciting news, the Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2023 introduces a new class of Deductible Gift Recipient (DGR) charities. This Bill, introduced in September 2023, has passed both the House of Representatives and the Senate and is now nearing completion and awaiting royal assent.  

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Contract

Standards Australia to Modernise the Standard Form Construction Contract

Background   Standards Australia is in the process of updating and modernizing the AS 4000—1997 General Conditions of Contract standard to reflect legislative changes over the past 25 years. This revision aims to ensure the standard remains relevant and effective in today’s construction industry landscape.   Why is this being done?   AS 4000 is

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Election Campaign, Election Vote, Election Poster, Holding Poste

Can Charities Engage in Political Advocacy?

  The Australian Charities and Not-for-profits Commission (ACNC) provides guidance for charities engaging in campaigning and advocacy activities. These activities are crucial for charities to fulfill their missions, raise awareness, and advocate for social change. The ACNC emphasizes several key principles to ensure that charities engage in these activities effectively and responsibly.  When it comes

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Tax Deductions Is Shown On The Conceptual Business Photo

Understanding DGR Charities and Their Legal Landscape

In the complex world of Australian philanthropy, grasping the essence of Deductible Gift Recipient (DGR) charities involves unraveling a intricate web of legalities. Delving into the legal intricacies that govern these entities requires a deep exploration of relevant acts and sections. Let’s embark on a journey to demystify the charitable maze and shed light on

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I Want to Give to a Charity: How Do I Know Where the Money is Going?

  In a world full of worthy causes and charitable organisations, the desire to make a positive impact is commendable. However, it is important of ensure your hard-earned money goes to the right place. Let’s unravel the legal aspects and practical considerations that can guide your philanthropic journey.    Navigating the Charity Landscape   When

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Understanding the Difference: Private Ancillary Funds vs. Public Ancillary Funds in Australia

In the landscape of philanthropy within Australia, Ancillary Funds have become a cornerstone for structured giving, providing a conduit through which individuals, families, and corporations can contribute to the nonprofit sector in a meaningful and tax-effective way. Predominantly, there are two types of Ancillary Funds recognized under Australian law: Private Ancillary Funds (PAFs) and Public

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Victorian Spreme Court

New Commercial Court of the Supreme Court Practice Note

Commercial Court of the Supreme Court of Victoria Practice Note (Second Revision)   The Commercial Court of the Supreme Court of Victoria has released a new practice note, known as the Commercial Court Practice Note (Second Revision), more brief and concise than its predecessor. Effective as of February 26, 2024, this practice note replaces the

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