Charities and Not for Profit Reform overview – START HERE

We aim to deliver Just, Redemptive Outcomes®

In summary, the changes facing the charity and non-profit sector are the largest seen in the history of our country.

What By when Material
Abolition of the ACNC (Australian Charities and Not-for-profits Commission) Established – 3 December 2012
Repeal Bill Withdrawn – June 2015
ACNC Repeal Bill Withdrawn
ACNC web site ACNC Repeal Bill No 1 – March 2014.Senate Economics Committee
Consultation on Australian Charities and Not-for-profit Commission Replacement Arrangements. Submissions close 20 August 2014.
Options Paper for the replacement of the ACNC
New “In Australia” special conditions 2014? First Exposure draft: ‘In Australia’ Special Conditions for Tax Concession entities
Second Exposure Draft (issued 18 April 2012): Restating and standardising the special conditions for tax concession entities (including the ‘in Australia’ conditions)
Does Charity End at Home? – Amendments to the ‘in-Australia’ test – Thomson Reuters Not-for-Profit Law and Regulation
Conference – Sydney 18 October 2012
14 December 2013 – In Australia will proceed
“In Australia” special conditions for tax concession entities – the latest development – March 2014
New School or College Building Fund ruling 13 February 2013 (done) New TR 2013/2 – Income Tax: School or College Building Funds
New governance arrangements 1 July 2013 Proposed Regulations for new governance standards CMA Paper on new ACNC Governance Standards June 2013
New UBIT (Unrelated Business Income Tax) regime (2011‑12 Budget measure to better target NFP tax concessions) NOT PROCEEDING
New statutory definition of Charity Commenced – 1 Jan 2014 Kevin Andrews MP – ACNC will go | Statutory Definition of Charity will be delayed | ACNC Public register may stay – 5 December 2013
New Charities Act 2013 commenced 1 January 2014
New Charitable fundraising regulation reform Unknown Discussion paper and Fact Sheet
Not-For-Profit Sector Tax Concession Working Group Unknown Discussion Paper (November 2012) – Fairer, simpler and more effective tax concessions for the not-for-profit sector
Policy 2014 Future of the ACNC Under a Federal Coalition (30 April 2013)
Coalition Government still intends to wind up the ACNC – 20 November 2013
Kevin Andrews MP – ACNC will go | Statutory Definition of Charity will be delayed | ACNC Public register may stay – 5 December 2013
14 December 2013 – UBIT will not proceed | In Australia will proceed

 
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