The Ministry of Labour, Social Security and Third Sector is reminding registered charities and non-profit organisations that they are required by law to file a financial report every year.

Registered charities must submit an annual statement of accounts to the Corporate Affairs and Intellectual Property Office, while registered, non-profit organisations are required to file annual returns and audited financial statements with the same office.

Non-profits are further reminded that the annual return filing fee is $100 and the audited financial statement filing fee is $25.