At some point you may be able to download version 2 of our GetUp report: Creative Accounting Insight: GetUp’s Management of Profit and Tax 2019 , when I confirm GetUp has no basis to threaten me (again!) with a defamation suit.
For now, here is all the GetUp data we used in the analysis. It’s all hosted on this site, so no-one can take it down.
I suggest you start with the Financial Report for 2018 and examine Note 3.1 on page 18-19. The account restatement shows the transfer of $1.732m in deferred revenues to accumulated profits.
Then look at Note 6 Income Tax Expense on page 21. No tax paid on those transferred, newly-recognised profits. And none paid on profits made in 2018, either.
The Report explains these issues and more in incontrovertible detail. It will be up soon.
- GetUp Constitution July 2018
- ATO Tax Ruling IT2674
- ATO Private Ruling 1051418760887
- Accounting Standard AASB 118 Revenue
- Accounting Standard AASB 1004 Contributions
| GetUp Financial Report Yr | GetUp Annual Report Yr | GetUp AEC Pol Donation Disclosure Yr |
| 2018 | 2018 | 2018 |
| 2017 | 2017 | 2017 2017 Amendment |
| 2016 | 2016 | 2016 |
| 2015 | 2015 | 2015 2015 Amendment |
| 2014 | NA | 2014 |
| 2013 | 2013 | 2013 |
| 2012 | 2012 | 2012 |
| 2011 | 2011 | 2011 |
| 2010 | NA | 2010 |
| 2009 | 2009 | 2009 |
| 2008 | 2008 | 2008 |
| 2007 | 2007 | 2007 |
| 2006 | 2006 | NA |
