DGR reforms delayed, but not for long
Dan Wade • September 23, 2020
DGR reforms delayed, but not for long
Assistant minister for finance, charities and electoral matters Zed Seselja has announced that the government remains committed to reforming the administration and oversight of the deductible-gift-recipient status.
But given legislative delays brought on by the COVID-19 pandemic, three reforms that were scheduled to be implemented from 1 July have been delayed. The reforms will instead begin three months after royal assent.
They relate to:
- Requiring non-government organisations wishing to hold DGR status to be registered as a charity with the ACNC
- The removal of public-fund requirements for DGRs, and
- Transferring the administration of the four DGR registers to the ATO and the ACNC.
DGRs that are not yet registered as charities are encouraged to do so ahead of the legislative amendments.
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