If you’re a NZ taxpayer, you can claim 33.33 cents for every dollar that you donate to charities or schools – this 33.33 cents is your donation tax credit. Anyone who is an individual (i.e. not a trust, partnership or company) may be eligible.
What does becoming a TaxGifter mean?
When you become a TaxGifter for an organisation, we’ll work with Inland Revenue to claim the donation tax credit to that organisation and pass it back to them as a further gift in your name. Each gift has more impact! This does not affect any other tax agents that you might have appointed for other reasons (for example, if you have an accountant that does your income tax returns).
How does my gift keep on growing?
The best bit is, your donated tax credit is a further gift: this means that another donation tax credit is claimable on it the following year. We’ll go on claiming these automatically and gifting them back in your name: neither you nor the organisation have to do anything further. It’s effortless giving!
I’ve changed my mind – what do I do?
You can terminate your TaxGift appointment at any time simply by emailing us at firstname.lastname@example.org.
Do I have to pay to use TaxGift?
TaxGift is absolutely free from a donor perspective: it’s easy to TaxGift!
Organisations pay us a small fee (our standard fee is 10% +GST) for our service of integrating with Inland Revenue and claiming the donation tax credit – but only once they’ve received your further gift.
What are the terms and conditions of my appointment of TaxGift?
As a donor, the terms and conditions under which you have appointed TaxGift are set out here on our website.