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 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.
ACNC Commissioner the Hon Dr Gary Johns praised these reforms saying “Removing the duplicated reporting requirements for incorporated associations will help to streamline reporting for charities, allowing them to focus on their beneficiaries.”
He added: “One of our main goals at the ACNC is to reduce the regulatory burden for charities by harmonising reporting.”
These reforms are in addition to recently announced reforms for charities that fundraise in Western Australia.
For more information about these changes, visit the ACNC website or the Consumer Protection website.