News in brief… 21 September 2021

Charities, not-for-profits draft regulations to ‘reduce red tape, increase transparency’; RBA releases minutes from Board’s September meeting.

Charities, not-for-profits draft regulations to ‘reduce red tape, increase transparency’ Treasury has released for consultation exposure draft regulations which propose to increase the revenue thresholds defining small, medium and large registered charities, and require all registered charities to disclose related party transactions, with small, registered charities to make a simplified disclosure involving a brief description of related party transactions. According to Treasury, the draft...

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Published Date: 21 September 2021