If you donated through third parties, such as banks and retail outlets, the receipt they gave you is also sufficient. If you contributed through 'workplace-giving' your payment summary shows the amount you donated. What you can't claim You can't claim as a gift or donation anything that provides you with a personal benefit, such as:. Contributions If you attend a fundraising event, you may still be able to claim a tax deduction even though the payment you have made is not regarded as a gift for tax purposes.
You can claim a portion of your contribution to the event as a tax deduction if the contribution is for an eligible fundraising event, organised for a DGR and conducted in Australia, including fetes, balls, gala shows, dinners, performances and similar events. Fundraising events held by political parties are ineligible for this concession.
If the contribution is made to a political party, see below. Political contributions Political parties are not DGRs. However, in some circumstances, gifts and contributions made by individuals to political parties and independent candidates and members can be claimed as income tax deduction.
The most you can claim is. Phone Appointments available. Find an office to book your appointment. For you to claim a tax deduction for a gift, it must meet these conditions: The gift must be made to a deductible gift recipient DGR. See the IRD site about payroll giving for employers. Next: Checklist for accepting donations. Register or Log in. Creative NZ Newsletter. Menu Search. Tax incentives for company donors Creative New Zealand Home Development and resources Donations Toolkit Tax incentives for company donors Tax incentives for company donors.
Share this. Search the site Search. Find funding. Funding calendar. Funding guidelines. Other sources of funding. COVID response. COVID updates - Frequently Asked Questions. Advice about currently funded projects. COVID resources and links. Results of our work. Who got funded. Award winners. Arts Pasifika Awards. Prime Minister's Awards for literary achievement. Te Waka Toi Awards. Bursaries, fellowships, scholarships and residencies.
Development and resources. Pasifika perspectives. Asian New Zealanders. New Zealanders with lived experience of disability. Across our regions and cities. Past reports. Contact us Contact us Media queries. Income tax. Income tax Dates JAN JAN Provisional tax payments are due if you have a March balance date and use the standard, estimation or ratio options. FEB You can claim Who can claim You can claim donation tax credits if all of the following situations apply to you.
You're claiming as an individual and not on behalf of a trust, partnership or company. You earned taxable income during the tax year in which you're claiming a donation. You were a New Zealand tax resident at any time during the tax year, 1 April to 31 March. Approved donee organisations Donations to schools You can claim for donations to most schools and parent-teacher associations. You cannot claim for: tuition fees private school fees exam fees attendance dues tertiary education fees parent-teacher association membership fees costs for a student doing a voluntary activity which is not part of the school curriculum costs of materials for something a student made at school and took home, such as something made in a woodwork class.
How much you can claim The total you can claim in a tax year is the lesser of: Splitting donations with your spouse or partner When you submit your donation receipt in myIR, let us know how much of it you want to give to your spouse or partner. You can do this even if the receipt is in your name only.
Am I eligible for a tax credit for my donation?
0コメント