Definition of ‘non-profit’, ‘not for profit organisation’, ‘charity’ etc

(Updated) In our discussions with those thinking about establishing a not-for-profit organization, it is apparent that there is still a lot of confusion about the terms ‘non-profit’, ‘not for profit’ etc. The various terms are used imprecisely and interchangeably, though the term ‘Registered Charity’ is used to refer to an organisation Read more…

Do YOU spam?

Following some suggestions and requests, Not-for-profit recently commenced a monthly newsletter.  One of the questions that we asked was how widely we should go in adding email addresses to the distribution.  We get a large amount of spam and know how much time it takes to weed out and delete (our Read more…

Free Accounting Mentoring

In a recent update, ANCAD (Auckland North Community and Development), advise that in partnership with the School of Accountancy at Massey University, ANCAD is developing a new FREE initiative to support local charities and other not-for-profit organisations in Auckland with their accounting needs. This initiative, Community Accounting, involves providing free accounting mentoring, Read more…

Tax and Charities

We receive a number of enquiries about tax matters for charities. Please use the search function – enter ‘tax’ . The main topics are considered in these previous posts: Honoraria and Taxing payments to volunteers Fringe Benefit Tax and Charities Registering so that donations are eligible for tax credits  -o0o- IRD Read more…