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NFP Reform Consultation
Treasury has recently launched a new website with a updated NFP Reform webpage.
The exposure draft and factsheet relating to the ‘Restating and standardising the special conditions for tax concession entities (including the 'in Australia' conditions)’ measure are available from Treasury’s new NFP Reform website. For your convenience, the factsheet relating to the measure which outlines key facts and frequently asked questions is available for download.
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New President at AuSAE
At the April Board meeting held yesterday in Melbourne, AMA Tasmania CEO, Mr. Tony Steven was elected President of AuSAE (Australasian Society of Association Executives). Tony replaces retiring President of 5 years Mr. Simon Pryor of the Mathematical Association of Victoria, in Melbourne.
Mr. Steven praised Mr. Pryor’s tenure which saw the restructuring of the society giving it a new international focus incorporating New Zealand. “Simon’s ability to bring people together and organise this merger has given the Society a great foundation and enormous opportunities in the future” he said. Mr. Pryor remains intricately involved assisting us with our education programmes both here in Australia and New Zealand as well as Asia.
Mr. Steven said “We have developed a number of very good partnerships over the past year or so and now activity and advocacy has to be our main focus. I and look forward to recognising the valuable input our members make to our two nations.
About Mr. Tony Steven:
Tony Steven AFSAE is the CEO of the AMA in Tasmania, he has 22 years’ experience in Association Management having been the CEO of the Council of Small Business of Australia for just over 4 years, State Director of the Liberal Party in the 1990’s and building his own Association Management company in Hobart and Canberra for 12 years.
Tony holds a Diploma in Business Management, Certificate in Front line Management and Hospitality.
Having developed extensive experience and the not for profit sector Tony has represented many associations in Canberra and on many different Boards, Committees and lobby groups at both State and Federal level.
Tony also has an extensive list of events that he has initiated and organised, including the National Small Business Summit, National Conference for IPAA and Awards Presentations in the Retail sector.
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‘Exposure Draft - Restating and standardising the special conditions for tax concession entities (including the 'in Australia' conditions)’
The Assistant Treasurer, the Hon David Bradbury MP, has released a revised exposure draft for restating and standardising the special conditions for tax concession entities.
An initial round of public consultation on draft legislation was held between 4 July and 12 August 2011. Following considerations of the submissions received, changes have been made to the exposure draft and explanatory materials.
The exposure draft ensures that:
- income tax exempt entities generally must be operated principally in Australia and for the broad benefit of the Australian community; and
- deductible gift recipients generally must be operated solely in Australia and for the broad benefit of the Australian community.
Attached is a factsheet which outlines some key facts and frequently asked questions. The exposure draft is available from Treasury’s NFP reform website. We would also be happy to discuss any issues which you may have in this area.
Consultation closes Friday 11 May 2012.
For enquiries, please call Fiona McLaren on (02) 6263 3010 or Chris Leggett on (02) 6263 3357
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‘Extended start date for the 2011-12 Budget measure to better target not-for-profit tax concessions’
After extensive consultation with the not-for-profit (NFP) sector, the Government announced yesterday that it would extend the start date for the 2011 12 Budget measure to better target NFP tax concessions from 1 July 2011 to 1 July 2012.
The Assistant Treasurer, David Bradbury, and Minister for Social Inclusion, Mark Butler, said they have been in close consultation with representatives from the NFP sector and the NFP Sector Reform Council and have heard the feedback from the sector about the need for more consultation.
This extension of the start date of the measure will provide for additional time for consultation and will reduce the uncertainty for those in the sector who have commenced commercial activities since the 2011-12 Budget that may be caught by the measure.
The extended start date of 1 July 2012 will only apply to new unrelated commercial activities that commenced after 7:30 pm (AEST) on 10 May 2011. Existing unrelated commercial activities that commenced prior to that date will continue to be covered by transitional arrangements as announced in the 2011-12 Budget.
The Government is committed to further consultation with the NFP sector on this measure.
The announcement by the Assistant Treasurer, David Bradbury MP and Minister for Social Inclusion, Mark Butler MP can be found here.
Questions about the new start date can be directed to NFPReform@treasury.gov.au.
Further information on this measure and upcoming consultation arrangements will be included in the upcoming edition of Treasury’s Not-for-profit Newsletter, which is expected to be released in the coming weeks, and will be available upon release at www.treasury.gov.au.
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‘GILLARD GOVERNMENT LISTENS TO SECTOR ON NFP REFORMS’
Following extensive consultation with the not-for-profit sector, the Australian Government has today announced it will extend the start date of the Australian Charities and Not-for-profits Commission to 1 October 2012.
This will allow for further engagement with stakeholders, including the Not-for-Profit Sector Reform Council and the Charities Consultative Committee, and provide more time for the Australian Charities and Not-for-profits Commission Implementation Taskforce to prepare and distribute further guidance materials to assist charities in the transitional period.
The Commission will determine charitable status (including public benevolent institution status) for all Commonwealth purposes, will provide education and support to the sector, will administer a single national regulatory and reporting framework and will maintain a public information portal.
The extension in the commencement of the Australian Charities and Not-for-profits Commission will not affect the announced introduction of a general reporting framework and the establishment of a public information portal by 1 July 2013, as well as the introduction of a statutory definition of ‘charity’ by 1 July 2013.
The announcement by the Assistant Treasurer Mark Arbib and Minister for Social Inclusion Mark Butler can be found here.
Questions about the delay can be directed to nfpreforms@treasury.gov.au.
Further information on the establishment for the Australian Charities and Not-for-profits Commission and upcoming consultation arrangements will be included in the upcoming edition of Treasury’s Not-for-profit Newsletter, which is expected to be released in the next few weeks, and will be available upon release at www.treasury.gov.au.
Regards
Philanthropy and Exemptions Unit
The Treasury
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IMEX 2012 (Frankfurt, Germany)
AuSAE are looking for 10 outbound conference organisers to accompany Tony Steven to the IMEX Exhibition on the 22nd to the 24th May in Germany. The group will also be able to attend the new revamped “Associations Day” which is a mini Not for Profit sector conference. All airfares and accommodation are paid for by IMEX, (in fact their exhibitors).
These tours are ideal for CEO’s or staff who are involved in outbound conferences, trips and events, this can be a great opportunity to reward staff and network on the world stage. Many times we find attendees end up developing close links with overseas organisations and subsequent study tours to improve knowledge and operational efficiencies result. Call Tony Steven to discuss on 0409 219 368.
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