Australia: Guidance for charities, not-for-profits | KPMG | GLOBAL

Australia: Guidance for charities, not-for-profits

Australia: Guidance for charities, not-for-profits

After an extended consultation period the Australian government announced in March 2016 that it would retain the Australian Charities and Not-for-Profits Commission (ACNC) and that it will operate with a renewed focus on improving effectiveness and governance in the sector.


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To be registered as a charity, entities must apply through the ACNC which reviews the application and, when deductible gift recipient (DGR) status is also sought in the same application, the ACNC refers this determination to the Australian Taxation Office (ATO).


Read an April 2016 report prepared by the KPMG member firm in Australia

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