The path to one stop reporting for Australian not for profits has moved a step closer with the announcement thousands of Victorian charities will benefit from new streamlined reporting arrangements.
It was announced on Thursday that the Victorian Minister for Consumer Affairs, Gaming and Liquor Regulation Marlene Kairouz, had officially signed the exemption order that will reduce red tape for incorporated associations.
The move means from 1 July, incorporated associations that are also charities registered with the Australian Charities and Not-for-profits Commission (ACNC) will no longer need to lodge an annual statement with Consumer Affairs Victoria (CAV) or pay an annual statement lodgement fee to CAV.
It follows years of work between the ACNC and CAV to end duplicative reporting obligations, which were costing Victorian charities both time and money.
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