Australia
NFP ACNC Activities | November
3 November 2020 | Minutes to read: < 1

NFP ACNC Activities | November

By William Buck

ACNC focuses on DGR reforms

Reviewing deductible-gift-recipient reforms is a notable focus of the ACNCโ€™s 2020-21 corporate plan.

The plan sets out priorities for 2020-24 and explains how the commission will meet its statutory obligations.

In 2020โ€“21, the commission will begin reviews of 500 existing charities with DGR endorsement to assess their entitlement to registration and their subtypes.

In 2019โ€“20, the ACNC developed governance and resources for the review and will monitor progress to ensure that reform objectives are met.

Red tape further shortened

An ACNC objective is to โ€˜promote the reduction of unnecessary regulatory obligations on the Australian not-for-profit sectorโ€™.

The commission has produced a table-by-charity structure summarising annual reporting obligations and fundraising licence requirements by state.

For information go to https://www.acnc.gov.au/about/red-tape-reduction .

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