Tax Benefits
Tax Rebate Information
- Individuals are able to claim a 33.3 % tax rebate for donations, up to a maximum claim equal to their annual taxable income.
- EXAMPLE: You donate $ 3,000 and your taxable income is $35,000 – you are entitled to a 33.3% rebate of $1000.
- Companies and Maori Authorities are entitled to a deduction for donations made to charitable organisations, limited only by the amount of the company's net income.
- EXAMPLE: XYZ Company Ltd donates $20,000. The company’s net income is $200,000. The full $ 20,000 can be claimed.
