1380 charities, including 170 Victorian charities, will no longer be eligible for tax concessions as the Australian Charities and Not-for-profits Commission (ACNC) has revoked their registration. These charities have been deregistered due to failure to lodge their Annual Information Statement (AIS) for two consecutive years.
The ACNC has cautioned that an additional 7000 charities risk deregistration if they fail to submit their overdue 2013 and 2014 AISs. These charities will receive a ‘Notice of intention to revoke charity status’ from the ACNC in the coming weeks and will have 28 days from the date of the notice to lodge their AISs before deregistration occurs.
You can check whether your charity is at risk of deregistration by searching the ACNC’s ‘double defaulters’ list here, or call the ACNC’s advice line on 13 22 62.
For more information please contact: