The government has opened a consultation on the taxation of charities and not-for-profits, inviting public feedback on proposed changes aimed at improving fairness, reducing compliance costs, and maintaining tax integrity.
Finance Minister Nicola Willis emphasised the importance of a strong charity and not-for-profit sector while ensuring transparency in tax concessions.
“New Zealand not-for-profits make a significant contribution to the community, and the Government provides tax relief for not-for-profit organisations that meet certain requirements,” Willis said. “It’s important the public has confidence they are getting value for money from these tax concessions.”
Revenue Minister Simon Watts noted that the Inland Revenue Issues Paper explores potential reforms to simplify rules, lower administrative burdens, and address tax integrity concerns.
“It’s important we make sure the settings are right and fit-for-purpose,” Watts said. “No decisions have been made, and all feedback will be considered.”
The consultation document covers key topics, including the tax exemption for charity business income, donor-controlled charities, and measures to enhance integrity and simplification in the sector.
Public submissions are now open, allowing stakeholders to share their views on potential changes to the taxation framework for charities and not-for-profits.
The consultation document can be found here. Consultation closes on March 31 2025.
All taxation is theft, however if I have to pay tax and you don’t you are nothing but a scan.
Scam
Agreed.
Most people do not know that for much of our history there was no income tax and there was no central bank.
A Central Bank is designed to create debt, and the income tax is designed to service that debt.
Today, there are just a handful of nations that do not have an income tax, and more than 99 percent of the entire population of the globe lives in a country that has a central bank. Of course, the two work hand in hand. A central bank creates a spiral of borrowing that is meant to be unbreakable, and an income tax is necessary to service payments on that debt spiral.
President Trump wants to “abolish the Internal Revenue Service”…
https://www.zerohedge.com/personal-finance/answer-1913-2025-3-charts-show-why-income-tax-irs-fed-should-all-be-abolished
We all know the entire ‘charities’ industry is a legalised tax-evasion scheme run by dodgy woke grifters.
Nice work if you can get it.
Protecting the gay agenda in obfuscation of