Good 360
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Leadership

300 Churches Face Charity Chop


Tuesday, 1st March 2016 at 9:40 am
Xavier Smerdon, Journalist
More than 300 churches could lose their tax exempt status for failing to submit paperwork to the national charity regulator.

Tuesday, 1st March 2016
at 9:40 am
Xavier Smerdon, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
300 Churches Face Charity Chop
Tuesday, 1st March 2016 at 9:40 am

More than 300 churches could lose their tax exempt status for failing to submit paperwork to the national charity regulator.

The Australian Charities and Not-for-profits Commission (ACNC) has released a list of more than 2,000 charities that are at risk of losing their charity registration if they don’t submit their overdue annual reports immediately.

On the list are 307 organisations that identify themselves as churches.

New South Wales will potentially lose the most charities, with 719 organisations facing revocation, followed by Victoria, which could lose up to 465 charities.

Queensland could potentially lose 317 charities, Western Australia could lose 259 charities, South Australia could lose 215 and the ACT could lose 56.

Tasmania and the Northern Territory could lose 70 and 39 charities respectively.

ACNC Commissioner, Susan Pascoe AM, said the charities were known as “double defaulters” because they had failed to submit two Annual Information Statements.

Pascoe said that the majority of charities had completed their reporting on time.

“The Australian public can be assured that the majority of registered charities are transparent and meet their ACNC obligations,” Pascoe said.

“However, there is an identified group of charities that have failed to meet their legal obligations despite being issued with multiple reminders and warnings.”

Pascoe urged the double defaulter charities to take action and submit their outstanding reports immediately.

“Charities that have become double defaulters must submit their two overdue Annual Information Statements to avoid revocation,” she said.

“Revocation of charity status is serious and will result in the charity being de-registered by the ACNC and losing access to Commonwealth charity tax concessions, which are administered by the Australian Taxation Office.”

Pascoe also highlighted the importance of submitting the overdue statements to ensure charity listings on the ACNC Charity Register were accurate and up to date.

“An accurate and up-to-date profile on the ACNC Charity Register demonstrates to the public a commitment to accountability and transparency. This also provides donors and grant-makers confidence that the charity is well-governed with good financial management,” she said.

“Just as importantly, it also provides an insight into the excellent work that the charity is doing in the community.”

Since its establishment in December 2012, the ACNC has removed or revoked the registration of more than 13,000 organisations from the charity register.

“We have made significant progress in cleaning up the Charity Register over the past three years to ensure the public has access to a reliable resource.” Pascoe said.

“Revoking the registrations of charities that fail to meet their obligations is an important part of this process.

“Of course, we would prefer that all legitimate charities meet their obligations on time, and remain on the Charity Register to continue serving the Australian community. That is why we have taken many steps to remind them, before resorting to this final action.”

The full list of charities facing revocation can be found here.


Xavier Smerdon  |  Journalist |  @XavierSmerdon

Xavier Smerdon is a journalist specialising in the Not for Profit sector. He writes breaking and investigative news articles.

FEATURED SUPPLIERS


Yes we’re lawyers, but we do a lot more....

Moores

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Australians Want to Hear the Voices of Charities – Politicians Take Note

David Crosbie

Thursday, 23rd November 2017 at 8:48 am

Australian Trust in Charities Still High But Dropping: New ACNC Report

Lina Caneva

Wednesday, 22nd November 2017 at 2:31 pm

Philanthropist Susan Alberti AC Named Melburnian of the Year

Wendy Williams

Tuesday, 21st November 2017 at 9:17 am

Concerns Raised Over New ACNC Board Appointments

Luke Michael

Monday, 20th November 2017 at 2:28 pm

POPULAR

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

Concerns Raised Over New ACNC Board Appointments

Luke Michael

Monday, 20th November 2017 at 2:28 pm

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Adelaide at the Vanguard of Ending Street Homelessness Globally

Wendy Williams

Tuesday, 21st November 2017 at 8:43 am

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Good 360
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!