How should charities and not-for-profits be taxed?

Earlier this year, Inland Revenue asked for public feedback on some important questions about the tax rules that affect charities and not-for-profits like ours.

The topics included:

• Whether the income tax exemption for charity business income should be removed or restricted
• Whether there should be specific tax rules for donor-controlled charities like private foundations
• Whether some existing tax exemptions are still fit for purpose
• How the tax obligations for donors and volunteers could be made simpler

These are early-stage policy ideas – no decisions have been made yet. But any changes to how charities are taxed could have an impact on how we operate and how we support whānau facing childhood cancer.

You can read our full submission in response HERE

We’ll keep a close eye on developments and continue to engage with government on behalf of the tamariki, siblings, parents and caregivers who rely on us.