WA’s silent charities face losing tax breaks

The Australian Charities and Not-for-profits Commission wants to hear from charities which have at least two annual information statements outstanding.
The Australian Charities and Not-for-profits Commission wants to hear from charities which have at least two annual information statements outstanding.

MORE than 2000 charities are poised to lose their tax breaks for failing to submit their annual reports to the national regulator.

The Australian Charities and Not-for-profits Commission has released a list of almost 2100 charities which have at least two annual information statements outstanding.

If the statements aren’t forthcoming, charities will have their access to federal charity tax concessions removed.

ACNC commissioner Gary Johns said while most of Australia’s 57,000 charities had done the right thing, a small percentage had failed to meet their requirements.

“These organisations will lose their registration as a charity if they do not submit their outstanding annual information statements by August 26,” he said in a statement on Tuesday.

The full list of charities in the firing line can be found at acnc.gov.au/doubledefaulters.