Taxation of Charities

This practical and up-to-date guide explains how to establish a charity and covers the key legal, tax and accounting issues associated with charitable organisations and amateur sports clubs in New Zealand. It provides useful commentary on a number of issues that remain unsettled, including restrictions on political activities and the treatment of pastors and ministers. There are plenty of examples in the text to illustrate the application of the relevant principles to a wide spectrum of situations.

Topics covered include:

• the four heads of charity
• restrictions on political activities
• structuring a charity
• how to draft the constitution for your charity
• duties and liabilities of trustees
• the requirements for tax-exempt status
• the tax treatment of donations to charities
• the tax treatment of employees, contractors and volunteers
• GST and FBT issues for charities
• financial reporting issues for charities
• the amateur sports exemption