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Trusts Act 2019

Trusts Act 2019

If your charity is a trust, or a trust registered under the Charitable Trusts Act 1957, the duties of your trustees are being clarified. The Trusts Act 2019 replaces the Trustee Act 1956. The new Act comes into force on 31 January 2021, meaning trustees need to be aware the law that governs their trust has changed slightly. The new Act aims to improve the governance of trusts by helping trustees understand their legal duties. The Trusts Act 2019 lists mandatory and default duties of trustees. Trustees’ duties are vital to the good
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If your charity has a balance date of 30 June, your annual reporting is due on 31 December 2020

If your charity has a balance date of 30 June, your annual reporting is due on 31 December 2020.

For help with your annual return refer to our booklet for Tier 4 charities: How to complete your performance report and your annual return. We have also put together a one-page annual return checklist to help Tier 4 charities record the correct information over the course of their financial year to make it easier to complete their annual return and performance report. There are also useful resources available for Tier 3 charities on the
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The future of cheques

The Future of Cheques

As you may be aware, banks across Aotearoa will stop accepting cheques from mid-2021. The Charities Services will no longer be able to accept cheques for annual return payments from June 2021. You will still be able to pay your annual return fee by bank transfer. Instructions on how to pay by bank transfer are on Charities Services website. We understand this change may take some time for your charity to work through. Charities Services will support you through these changes. We also encourage you to speak to your bank about
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