Are there penalties if charities/IPCs do not submit the annual report/financial statements/ Governance Evaluation Checklist within 6 months from the end of their financial year?
Charities and IPCs are required to submit the annual submissions to their respective Sector Administrator annually for review. If charities/IPCs require a longer period of time to submit the reports, they should write to the Sector Administrators for a mutually agreed deadline. The request for extension will be assessed on a case-by-case basis. Sector Administrators will take into account the submission status of the annual submissions in assessing the application and extension of IPC status.
Related questions
What are the statutory requirements on annual submissions required from registered charities and IPCs?
Must charities/IPCs submit a new Governance Evaluation Checklist every year?
If the financial year end of a charity/IPC is on 31st December every year, when will the annual returns due for submission?
What if the charity/IPC is unable to submit the annual submissions on Charity Portal within the stipulated deadline?
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