Don’t Get Caught Out: Common ACNC Compliance Mistakes (and How to Avoid Them)
For many small charities in Australia, compliance with regulatory obligations can feel like an overwhelming burden. Between chasing funding, managing volunteers, and delivering community programs, administration and record-keeping can easily slip down the priority list. But failing to comply with ACNC requirements can lead to serious consequences, including loss of registration, reputational damage, and […]
Submit your 2024 Annual Information Statement
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 […]
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 […]
Unveiling the Annual Information Statement
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 […]
I Have My Charity Status: Now What?
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 […]
Ten Tips for Navigating the Legal Landscape: Launching Your Charitable Dream
Embarking on the journey of establishing a charity in Australia is not only a noble pursuit, but also a venture that demands careful consideration of the legal intricacies involved. To ensure your charitable efforts are not hampered by legal hurdles, here are ten tips to guide you through the process. 1. Understand the Legal […]