The ACNC works with other government agencies to align regulatory requirements and remove reporting and other requirements for charities. The ACNC’s arrangements with some agencies are outlined in our memoranda of understanding.
Australian Taxation Office
The Australian Taxation Office (ATO) administers Commonwealth taxation law, including deciding eligibility for tax concessions. Charities registered with the ACNC are eligible to apply for charity tax concessions from the ATO.
The ACNC reduces red tape for charities by working with the ATO to:
- enable charitable ancillary funds to report once to the ACNC, replacing the previous system where they were required to report to both the ATO and ACNC
- enable organisations to apply for deductible gift recipient (DGR) status and Commonwealth tax concessions when they apply to register as a charity
- share charity information with the ATO.
Australian Securities and Investments Commission
The Australian Securities and Investments Commission (ASIC) is Australia’s corporate, markets and financial services regulator.
Most requirements for ACNC-registered charities to report annually to ASIC and notify ASIC of certain changes are replaced by obligations to report to and notify the ACNC. If a charity’s registration is revoked, its obligations to report to and notify ASIC will resume.
Find out more about charity obligations to ASIC and the ACNC.
Office of the Registrar of Indigenous Corporations
The Office of the Registrar of Indigenous Corporations (ORIC) registers, regulates and supports Aboriginal and Torres Strait Islander organisations as corporations under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth) (CATSI Act).
The ACNC has reduced red tape for ORIC-registered charities by not requiring charities that report to ORIC to also report to the ACNC.
Find out more about Aboriginal and Torres Strait Islander corporations, including when to contact ACNC or ORIC.
Department of Education
The Department of Education (DoE) is the federal department responsible for education.
Non-government schools currently submit a financial questionnaire to the DoE. For schools that are registered charities, the ACNC accepts this financial questionnaire as meeting our requirements under the ACNC Act to complete the financial information in the Annual Information Statement (and to lodge a financial report for medium and large charities).
Find out more about the reporting requirements for non-government schools that are registered charities.