Add-Ministry Inc

Our Newsletter

Our periodic newsletter provides valuable information for the not-for-profit and religious organisations. The July 2011 issue provides an update on

Charities Commission in Australia;
Public Benefit;
Better Targeting of Not-For-Profit Tax Concessions;
"In Australia" Conditions for Charities;
"Charity" defined;
Ancillary Funds;
Special Disability Trusts;

What's New ?

The "In Australia" Changes

The Treasury and ATO are proposing to seek a law change that will, if implemented, create serious problems for the whole charity sector. Its likely result would be that a large number of charities would lose their Tax Concession Charity endorsement. It has aroused much concern around the country.

Add-Ministry has been working with the Christian denominations on a submission which was lodged on 12 August 2011. The submission can be read if you click here. It will alert you to potential problems. At present it is an Exposure Draft only but the Government departments believe the changes are needed.

Special Disability Trusts

In 2006, the Government introduced Special Disability Trusts (SDT) to provide special income tax and Centrelink benefits for persons suffering from severe disabilities.

For more information, please click here.

Welcome to Add-Ministry Inc

Add-Ministry Inc is a Not-For-Profit entity established for the specific purpose of providing administrative support to charitable & religious entities, and also to other community based organisations.

We can help you through the minefield of taxation and legal obligations.

Our friendly staff are accounting and computer oriented, and also have the diverse skills required to provide support for any administrative tasks.

Add-Ministry Inc can save you time and money.

Services

	Taxation & Legal Compliance
	Financial Management & Control
	Planning & Change Management
	Training

Charities Commission in Australia

The Federal Government have committed themselves to the establishment of an Australian Charities and Not- For-Profit Commission (ACNC) to be operative from 1 July 2012. The Implementation Task Force and Advisory Council have already been appointed.

There has been considerable pressure from a number of Government Enquiries, substantially supported by the charitable sector for some years, so this move is in general, welcome. Nevertheless, the changes it will introduce will impact on charitable and religious entities initially, as they adapt to further changes.

The ACNC will have, as its initial aims, these tasks:

1. Determining the legal status of entities seeking charitable, Public Benevolent Institution, and other NFP benefits with Commonwealth agencies.

2. Establishment of a "Report Once Use Often" reporting framework.

3. Provide education and support to the Sector on technical matters.

4. Establish a Public Information portal.

The objective is to extend the activities of the ACNC across Australia involving co-operation from all States and Territories. This is a part of the Council on Australian Government (COAG) initiative aiming to reduce red tape and establish standardised principles for the Sector.

The Commission will be independent and will report directly to the Parliament via the Assistant Treasurer.