The Australian Charities and Not-for-profits Commission (ACNC) welcomes reforms that will further reduce the red tape burden for charities in Western Australia.
Under the reforms, duplicated reporting requirements for incorporated associations in Western Australia that are also registered with the ACNC, will be removed. Associations will only need to report to the ACNC using the Annual Information Statement. They will not need to submit a separate annual statement to Consumer Protection.
This reporting arrangement applies from the 2020 financial year or reporting period. This means that charities will see the benefits of the arrangement from their 2020 Annual Information Statement.
These reforms are in addition to recently announced reforms for charities that fundraise in WA. From July 2020, registered charities will no longer have to apply to renew fundraising licences every three years, and will not be required to submit an annual statement or financial reports to Consumer Protection; instead they can submit the Annual Information Statement to the ACNC.
To view more detail from the ACNC, click here
To view more detail from WA Consumer Protection re fundraising, click here
To view more details form WA Consumer Protection re incorporated associations, click here