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Administration Seminar 2013. Deed of Agreement RSL (NSW) and ATO. Who is covered by the Deed?. * RSL State Branch. * RSL sub-Branches. * Subsidiaries . What is the Deed’s purpose?. * To ensure RSL NSW complies with its taxation obligations.
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Deed of Agreement RSL (NSW) and ATO
Who is covered by the Deed? * RSL State Branch * RSL sub-Branches * Subsidiaries
What is the Deed’s purpose? * To ensure RSL NSW complies with its taxation obligations * To ensure RSL NSW continues to be tax compliant in the future
To meet the obligations RSL NSW:- 1. Comply with RSL NSW Constitution 2. Comply with the criteria and protocol set out in the Deed 3. State Branch to monitor compliance of its sub-Branches 4. Non-compliance by sub-Branches
What is RSL NSW’s Charitable Purposes and Activities? 1. Welfare activities in support of its members, veterans and their dependants 2. Payment of donations to approved RSL charities 3. Commemorative activities 4. Promotion of RSL NSW Objects in the Community 5. Expenditure in promotion of RSL NSW objects
What are the criteria for compliance? 1. A record of the activities of the sub-Branch 2. Record of the number of volunteer hours involved in the activities 3. Welfare and Pension Officers attend all sub-Branch meetings and report on activities 4. Sub-Branches shall create and keep a financial budget 5. Statement of duties for Officers 6. Record details of all donations 7. Cannot make unspecified accumulation of funds for future projects or accumulate excessive funds
What are the protocols? 1. Each sub-Branch must comply with RSL NSW Constitution and the criteria 2. Minutes of sub-Branch meetings must record the activities of the sub-Branch that relate to the charitable activities 3. Record any of the voluntary work 4. Any payments, necessary accounting records and invoices 5. Record of donations made 6. Budget 7. RSL State Branch review each year sub-Branch activities to ensure compliance with RSL NSW Constitution, the Criteria and Protocols
Direct Deposits Account Name - The Returned and Services League of Australia (NSW Branch) Bank - Commonwealth Bank Branch - Corner of Liverpool and Castlereagh Streets, Sydney, NSW BSB - 062 016 Account Number - 0000 0741
What information to provide? * sub-Branch Code Temora = 8514 * N/M - New Member(s) {Application Forms} * R/N - Renew Member(s) {Renewal Slips} * T/D - Trade Debtor {No Paperwork}
Office of Liquor, Gaming and Racing Administers Charitable Fundraising Act Email – charity.inquiries@olgr.gov.au
Renewal of Authority of Fundraise * Must include your last available audited financial statements - Balance Sheet - State of Income and Expenditure - Auditor’s Report * All organisations that hold a charitable fundraising authority must have their accounts audited annually