The law relating to charities and not-for-profits is under constant change with the introduction of the ACNC changing the regulator of some organisations from ASIC and ATO to the ACNC, and adding complexity on the role of boards and management committees. There have also been a number of cases impacting on this area, which have changed how a charity may operate including undertaking commercial activity without affecting their status.
We have been concentrating in this niche area of the law for many years and are experienced in matters such as:
- Tax concessions for charities
- Income tax exemptions
- Fringe benefits tax concessions and rebates
- GST concessions
- Tax concessions for not- for – profits
- Applications to ACNC for registration as a charity
- Applications to ACNC to change the subtype of a charity
- Applications to ATO for endorsement as a tax exempt institution or DGR
- Compliance with ACNC and ATO requirements
- Application to Office of State Revenue for state tax concessions
- Risk assessment and review of compliance with ACNC requirements
- Risk assessment and review of compliance with ATO requirements
- Review of compliance by PBI, ancillary funds with ACNC or ATO requirements
- Change of charity sub-type
