This page provides answers to some of the common questions the ACNC receives about the changes for organisations that have been self-assessing as income tax exempt.
There have been changes to the administration of not-for-profit organisations that self-assess as income tax exempt. If your not-for-profit organisation has charitable purposes, it cannot self-assess as income tax exempt.
The Charitable Purpose is our monthly e-newsletter, with news about matters that impact the charity sector and resources to help charities meet obligations to the ACNC.
Governance Standard 1 requires charities to demonstrate that they are set up as a not-for-profit with a charitable purpose, and run as a not-for-profit and work towards that charitable purpose. It also requires charities to demonstrate that they can provide information to the public about their charitable purpose.