The Australian Charities and Not-for-profits Commission (ACNC) has given charities affected by the COVID-19 crisis additional time to submit their Annual Information Statements (AIS).
The recent measures taken by the Australian Government to flatten the coronavirus curve will make it difficult for charities to meet their reporting deadlines as they relate to the 2019 AIS. This may be due to, for example charities being unable to have their accounts audited or reviewed, or hold their Annual General Meetings.
To reduce the administrative burden on charities during these challenging times, the ACNC Commissioner has approved a blanket extension to charities whose 2019 AIS is due between 12 March and 30 August 2020. These charities will now be required to lodge their AIS by 31 August 2020.
The latest blanket extension also extends to bushfire-affected charities that had previously been granted an AIS submission extension to 28 May 2020.
The ACNC has indicated that the AIS due date in the ACNC Charity Register will be updated to reflect the extension.
The TNR team
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