IRD consultation on taxation for not-for-profits

Published: 28 February 2025

Inland Revenue has released an issues paper on the taxation of charities and not-for-profits, and it is now open for public submissions. The consultation document considers whether certain tax concessions available to the sector continue to be effective. It also explores whether tax obligations can be simplified, and compliance costs minimised. The Government will consider feedback and decide whether any changes should be made to current rules.

Consultation closes on 31 March 2025.

The consultation document can be found here(external link).