Tax Credit for Donations - Lindsay and Associates

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Did you know that if you’ve made donations of money to a donee organisation, you may be able to claim a tax credit?

To claim a tax credit you need to file a Tax credit claim form (IR526) for the relevant tax year.

You can claim a tax credit for donations if you:

made a donation of $5 or more to an approved donee organisation where the payment is voluntary and there is no identifiable direct benefit to you or your family in return for making the payment
earned taxable income (such as salary or wages, benefit, NZ Super, self-employed income, interest and dividends) during the year you’re claiming for
were resident in New Zealand at any time during that tax year, and
are an individual (not a company, trust or partnership)

Check out the IRD website here for more info.