The Australian Charities and Not for Profit Commission – Reporting processes for non-government schools in 2017

The Australian Charities and Not for Profit Commission (ACNC) has recently announced its new 2017 Reporting Requirements for all registered charities. The requirement to report annually applies to all non-government schools that are registered with the ACNC as a charity.  As most schools would be aware by now, failure to provide an Annual Information Statement (AIS) to the ACNC leads to removal of the organisation’s charitable status and subsequent removal of tax concessions, Deductible Gift Recipient (DGR) status, as well as the huge reputational damage of being named as a transgressor.

Read More...

ACNC to be replaced by less “heavy-handed” centre for excellence

The Federal Coalition has reiterated its election pledge to “abolish” the Australian Charities and Not-for-profits Commission (ACNC) and replace it with a less “heavy-handed” centre for excellence. “We’ll put in place a centre for excellence which can look at how we continue to raise governance standards,’’ the Federal Social Services Minister Kevin Andrews told ABC […]

Read More...