The ACNC has recently released a
register of charities that have not responded to communication
from the regulator (i.e. no known address/contact details or
correspondence has been returned to sender). Charities on this
database risk losing their entitlements to charity tax concessions
and have until 30 June 2014 to
update their details and
contact the ACNC. If these charities do not contact the ACNC,
the ACNC will commence the process of revoking their registration
as charities. If a charity's registration with the ACNC is
revoked it will not be entitled to charity tax concessions from the
We recommend checking this database for any charities you might
know and alerting them to the approaching deadline.
Despite the Government's rhetoric that it will disband the
ACNC (see our previous
blog), the ACNC is still legally in operation and charities are
still required to comply with their obligations under the current
One such charity obligation includes lodging an Annual
Information Statement (AIS). If your charity has not yet submitted
the 2013 AIS, and does not report in accordance with the calendar
year, then your AIS is already overdue. In order to avoid incurring
penalties, it is recommended that the 2013 AIS be submitted as soon
as possible. If your charity reports in accordance with the
calendar year it must submit its AIS on the charity portal before
30 June 2014. The AIS is rather simple to complete and does not
require any financial data to be submitted.
Should you have any questions in relation to missing charities,
the ACNC or reporting obligations please do not hesitate to contact
Bill d'Apice or Anna Lewis in our office.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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