Cutting the red tape – changes to reporting thresholds for NFPs

The Government will cut red tape for NFPs, with financial reporting obligations set to be eased. These changes aim to reduce the reporting burden on charities, whilst providing good accountability to donors, beneficiaries, and the public. From 1 July 2022, there will be three key changes to reporting requirements. 1. Changes to reporting thresholds: Current reporting obligations [...]

2022-01-12T23:10:20+00:00 December 12th, 2021|NFP sector|