News

Yesterday afternoon, the Assistant Treasurer and the Minister for Social Inclusion released the exposure drafts of a Charities Bill 2013 and Charities (Consequential Amendments and Transitional Provisions) Bill 2013. Consultation on the draft legislation is open until Friday 3 May 2013, which is the deadline for lodging a submission with Treasury. The over 200 submitters […]

On 13 February, the ATO released its new Public Ruling TR 2013/2 on requirements for the establishment and operation of deductible school or college building funds. It is important to note that the finalised Ruling introduces a number of requirements that were not present in its draft form. You can read TR 2013/2 in full

Mark Fowler, Director (Feb 2013) Report on Human Rights and Antidiscrimination Bill 2012 released Many of you will have been following the highly public debate on the federal government’s Human Rights and Anti-Discrimination Bill 2012. Yesterday, the Senate Legal and Constitutional Affairs Legislation Committee presented its report on the Bill. Like many committee reports on

Unrelated Business Income Tax postponed The Commonwealth Government today announced that the commencement its Unrelated Business Income Tax (UBIT) will be postponed until 1 July 2014. Following a prolonged period of silence on the status of the UBIT, Assistant Treasurer David Bradbury and Minister for Social Inclusion Mark Butler have released a statement that suggests