Cutcher | Insights and News

ACNC focuses on DGR reforms

Written by Cutcher & Neale Accounting and Financial Services | 25 March 2021 4:13:00 AM

Reviewing deductible-gift-recipient reforms is a notable focus of the ACNC’s 2020-21 corporate plan

The plan sets out priorities for 2020-24 and explains how the commission will meet its statutory obligations.

In 2020–21, the commission will begin reviews of 500 existing charities with DGR endorsement to assess their entitlement to registration and their subtypes.

In 2019–20, the ACNC developed governance and resources for the review and will monitor progress to ensure that reform objectives are met.

If you would like to discuss this further with one of our assurance team members, please contact us.