In this month's Commissioner's Column, Sue Woodward AM speaks about the importance of accurate reporting in relation to Key Management Personnel remuneration.
The Charitable Purpose is our monthly e-newsletter, with news about matters that impact the charity sector and resources to help charities meet obligations to the ACNC.
This charity registration self-assessment tool can be used by any organisation wishing to assess its eligibility for charity registration, or any registered charity wanting to assess if it is meeting its ongoing obligations.
The new Charity Registration Check tool helps organisations determine their eligibility for charity registration and assists registered charities in maintaining their status by providing tailored guidance based on specific circumstances.
There have been changes to the administration of not-for-profit organisations that self-assess as income tax exempt. Not-for-profits that have charitable purposes cannot self-assess as income tax exempt. Charitable organisations may need to register as a charity with the ACNC and be endorsed by the ATO as income tax exempt. This webinar outlines the changes, and who is eligible to apply for charity registration.
The ACNC has published a new registration decision summary as part of our Secrecy Reforms Project. The summary focuses on what we look at when considering if an organisation that wishes to register as a charity has addressed issues relating to private benefits.
ACNC Commissioner Sue Woodward AM has welcomed the release of a major report on philanthropic giving as a significant development for Australia’s charity sector.
Cash accounting records revenue when money is received and expenses when money is paid out. Accrual accounting records revenue when it is earned and expenses when they are incurred.