Incorporated associations - annual revenue over $250,000
- Associations with revenue over the $250,000 threshold must lodge an Annual Return with CBOS.
- The Annual Return must contain:
- an income and expenditure statement
- a list of names and residential addresses of the committee members and
- an Auditor's Report confirming the accuracy of the income and expenditure statement.
- Lodge an Annual return:
- on-line
- at any Service Tasmania shop (external link)
- by post to:
- Registration Services
Consumer, Building and Occupational Services
PO Box 56,
Rosny Park TAS 7018
- Registration Services
Incorporated associations - annual revenue below $250,000
- An association must prepare and submit financial statements however the annual financial audit requirement has been removed.
- Lodge an Annual return:
- on-line
- at any Service Tasmania shop (external link)
- by post to:
- Registration Services
Consumer, Building and Occupational Services
PO Box 56,
Rosny Park TAS 7018
- Registration Services
- An association should review their constitution and either:
- take advantage of the $250,000 threshold and remove the annual audit requirement by changing the constitution by Special Resolution; or
- elect to continue to have audited statements or add the requirement into the constitution
Incorporated association which is a registered charity
- An organisation registered and complying with the Australian Charities Not-for-profits Commissioner (ACNC) does not have to submit financial statements to the Tasmanian Commissioner for Corporate Affairs.
- The Commissioner can still request a copy of information your organisation has supplied to the ACNC.
- If your organisation fails to lodge a return with the ACNC, the Commissioner will require your organisation to comply with the Tasmanian reporting requirements.
This page has been produced and published by the Consumer Building and Occupational Services Division of the Department of Justice. Although every care has been taken in production, no responsibility is accepted for the accuracy, completeness, or relevance to the user's purpose of the information. Those using it for whatever purpose are advised to verify it with the relevant government department, local government body or other source and to obtain any appropriate professional advice. The Crown, its officers, employees and agents do not accept liability however arising, including liability for negligence, for any loss resulting from the use of or reliance upon the information and/or reliance on its availability at any time.