Constitutions, DGR and The ACNC
Resources and Updates
There are upcoming changes to non-profit (NFP) eligibility and tax exemptions that could impact your organisation. It’s essential to be aware of what these changes mean for you and how you can meet the requirements and definitions of charity status and tax exemptions.
Use the below resources to help your organisation!
Self Assessment of Income Tax Exemption (SAITE) Update
Additional time to lodge 31 March 2025
From 1 July 2023, non-charitable not-for-profit organisations with an active Australian Business Number (ABN) that self-assess as income tax exempt are required to lodge an annual self-review return with the Australian Tax Office (ATO). Until then, not-for-profit organisations that self-assess had not been required to report annually to the ATO. The first self-review return is due between 1 July 2024 and 31 October 2024, but lodgement will be allowed up to 31 March 2025.
Charity/NFP Assessment Tool
This Charity/NFP Assessment tool is designed to introduce updated requirements and regulations that are critical for gaining and/or maintaining income tax exemption status for not-for-profits and charities.
It will guide you through an initial review of your constitution and provide direction for the next steps required. Deakin University, through its Law School, has developed this survey tool.
Your responses will be received by Neighbourhood Houses Victoria (NHVic), which will be working on behalf of the Australian Neighbourhood Houses and Centres Association (ANHCA).
Community of Practice
Cameron hosts a session on Constitutions, DGR and The ACNC every Friday at 11:30am AEDT during until the changes come into effect 1 July 2024. You do not need to make an appointment, these sessions are casual workshops on a drop-in basis. Cameron will tailor the information to the attendants, so recordings are not available.
Registering will give you access to the Zoom link and allow you to save it to your calendar. This link is used for all 2024 meetings, so you only need to register once.
