On March 4 2016, the Federal Government announced that the Australian Charities and Not-for profits Commission (ACNC) will be retained. ...
The ATO has released PS LA 2014/1 outlining: how the Commissioner administers penalties for failure to comply with the ancillary fund guidelines; when directors of a corporate trustee may have ...
On March 4 2016, the Federal Government announced that the Australian Charities and Not-for profits Commission (ACNC) will be retained.
Public Ancillary Funds (Public AFs) established on or before 31 December 2011 have been exempt from complying with some of the requirements of the Public Ancillary Fund Guidelines 2011 (Guidelines).
New Federal Minister for Social Services, Scott Morrison, has stated that abolishing the Australian Charities and Not-for-profits Commission (ACNC) is not now a priority.
The ACNC has launched a consultation period for its draft Commissioner’s Interpretation Statement on health promotion charities (HPCs).
In Re Greenpeace of New Zealand Incorporated [2014] NZSC 105 the Supreme Court of New Zealand has held that the ‘blanket exclusion’ of political purposes should no longer be applied when determining whether a charitable purpose.
Following the Federal Court’s decision confirming that the Hunger Project Australia (HPA) is a public benevolent institution (PBI), the Australian Charities and Not-for-profits Commission (ACNC) has released a Commissioner’s Interpretation Statement to provide guidance on the law as it now stands.
The Department of Social Services has released an options paper regarding the replacement of the embattled Australian Charities and Not-for-Profits Commission (ACNC).
The Senate Economics Legislation Committee tabled a report on 16 June recommending the Australian Charities and Not-for-profits Commission(Repeal) (No. 1) Bill 2014 be passed by the Senate to abolish the Australian Charities and Not-for-profits Commission (ACNC).
It is common for families and businesses to consider establishing their own charitable foundation at this time of year, particularly private and public ancillary funds.
The ATO has released PS LA 2014/1 outlining: how the Commissioner administers penalties for failure to comply with the ancillary fund guidelines; when directors of a corporate trustee may have a defence to the penalties; and when the Commissioner will remit such penalties. The practice statement applies to both private
On 7 March 2014 we reported that the federal Minister for Social Services, Kevin Andrews, had confirmed the pre-election promise of the government to abolish the Australian Charities and Non-for-Profits Commission (ACNC).
The Commonwealth Government is inviting submissions on draft legislation, draft regulations and explanatory materials intended to amend tax laws to restate and centralise the special conditions for tax concession entities.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.