A reminder to governing bodies that tax law was recently amended to require all non-government deductible gift recipients (DGRs) to register as a charity with the ACNC from 14 December 2021.
While charity registration is an existing requirement for the majority of general DGR categories, this amendment extends this requirement to the remaining DGR categories (with the exception of ancillary funds or DGRs specifically listed in tax law).
If you want to learn more about the changes Jennifer Moltisanti, ATO Assistant Commissioner, Not For Profit Centre, has written a helpful article containing useful links & resources: https://www.linkedin.com/pulse/from-14-december-non-government-deductible-gift-need-moltisanti/
If your organisation is not already a registered charity we can assist you with the application process, get in touch today for a free initial consultation: legal@littlecfo.com.
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