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 ACNC’s 2020-21 corporate plan.

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

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

In 2019–20, 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 ‘promote the reduction of unnecessary regulatory obligations on the Australian not-for-profit sector’.

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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