The term ‘Annual Information Statement (AIS)’ might conjure images of endless scrolling under the glare of blue light, navigating countless forms and tasks required for regulatory compliance. If you’ve ever operated or supported a business or charity, this scenario may feel all too familiar. You might even view the AIS as just another item […]
Submit your 2024 Annual Information Statement Read More »
A charity board is at the heart of any nonprofit organisation. It provides direction and ensures that the charity achieves its goals while remaining compliant with legal and ethical standards. The board comprises various members, each with specific responsibilities that work together to manage and guide the charity. Let’s take a closer look at
Understanding the Key Roles on a Charity Board Read More »
A glance in legislation, case law, and beyond. When registering your charity, it is important to be aware of the various different legal issues you may encounter. A common and highly beneficial charity sub-type is a Public Benevolent Institution (PBI), which offers significant tax advantages. However, not every charity qualifies as a
Key Tips For Charities: Securing PBI Status Read More »
Sometimes, an entity can change the purpose of their charitable trust. Housing Choices Australia Limited v Attorney General for the State of Victoria [2024] VSC 107 (Housing Choices) was a case heard in the Victorian Supreme Court that focussed on this exact scenario. Facts Housing Choices Australia Ltd (HCAL) is the current
Can I Change the Purpose of my Charitable Trust? Housing Choices v Attorney General Read More »
‘I want to pursue my charity’s mission, but I don’t have the means to do so. Where can I find funding?’ Once registered with the ACNC and the ATO, a charity is poised to pursue its mission and fulfill its purpose. However, many charities find themselves at a standstill due to one crucial
What Can My Charity Do To Get Funding? Read More »
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
Changes to Income Tax Reporting Requirements for NFPs Read More »
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.
Bill to Introduce New Category of DGR Charities Read More »
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
Understanding DGR Charities and Their Legal Landscape Read More »
Every year, charities across Australia find themselves at the crossroads of transparency and accountability, navigating the Annual Information Statement (AIS). While it may seem like bureaucratic paperwork, this document holds the key to a robust and thriving charity sector. Let’s unravel the importance of the AIS, exploring why its submission is more than just a
Unveiling the Annual Information Statement Read More »
Congratulations on achieving charity status for your organisation! It’s a significant accomplishment that opens doors to impactful opportunities. In this post, we’ll explore the next steps you should take without diving into the specific legal sections. Navigating the Legal Landscape: Your newly acquired charity status falls under the purview of the Australian Charities and
I Have My Charity Status: Now What? Read More »
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