Bill d’Apice
12 May 2011

A New Regulator – A New Tax – A New Definition

Bill d’Apice


Tel: 02 9233 9013

Mob : 0411 825 814



Charities and Not-For-Profits


Corporate and Commercial

Pro Bono and Corporate Social Responsibility

The Gillard government announced a range of Budget measures on 10 May 2011 which will have a serious impact on the Charities and Not-For-Profits sector.

These measures include:

  • The establishment of a National Regulator to be known as the Australian Charities and Not-For-Profits Commission which will be responsible for regulation of the sector.
  • The establishment of a statutory definition of “Charity“.
  • The imposition of income tax on some income of NFPs from commercial activities where the proceeds are not applied towards the NFP’s altruistic purpose.

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