On 1 November 2021, the Federal Government’s stapled super regime came into effect. This measure aims to reduce the multiple superannuation accounts that individuals…

What is Deductible Gift Recipient? Deductible Gift Recipient (DGR) organisations can receive donations that are tax deductible. This enables donors to deduct the amount of…

In recent years it has become increasingly popular for businesses to outsource their accounting and bookkeeping. As well as offering a number of benefits,…

Executing documents and signing contracts is part of everyday life for many Not-for-Profits (NFPs). It is therefore critical that Directors, management personnel, and other stakeholders…

On 12 September 2017, the then Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, announced a package of proposed reforms aimed…

The Australian Charities and Not-for-profits Commission (ACNC) is the independent national regulator of charities. It commenced operations on the 3rd of December 2012. It…

The governance of not-for-profits (NFPs) is becoming an increasingly scrutinised, regulated and debated topic. This is partly as a result of the increasing size…

A “Responsible Person”[1] is a person that is responsible for governing a charity, and includes for example, individual board, committee or trustee members. Responsible Persons…