Q: We are an Incorporated Society which is also a registered NZ Charity. To whom do we have to submit an Annual Return? You will have to report to your members as required by your rules. There is some confusion about filing Annual Returns and financial statements with the two Read more…
Charities Services have updated their information about the new reporting standards. Other posts: Helpful Videos Where are the new reporting format templates?
The NZ Initiative (A think-tank formed from the 2012 merger of the New Zealand Business Roundtable and the New Zealand Institute ) has published (2015) a report paper on the subject. The report “introduces the concept of SIBs, outlining its general strengths and challenges. The report then looks at how SIBs have been implemented overseas, and Read more…
The New Zealand Association Resource Centre Trust has recently posted a blog article with the above heading. It looks at some of the implications of the new reporting standards with which charities will need to comply. One of these of particular import to small charities is in recording revenue. Read Read more…
Q: I’ve registered my charity. What do I have to do now? A: We put this question to our consultant who has agreed to let us publish (with slight edits) the advice he passes to his clients once they are registered. Please note that this advice is for guidance only and Read more…
Reporting workshops announced New reporting requirements for registered charities become mandatory from 1 April 2015. (See full details on the DIA Charities Services website here (updated 2 April 2015)) See also Helpful videos and booklet for Tier 4 charities (updated 12 April 2015) Building on the successful workshops held last year, DIA Charities Services is Read more…
We are a registered charity. When and where should our Charity Number be used? Your registration number (in the form CC12345) should be shown at least on letterheads, brochures, donation forms and anything which can be construed as seeking or accounting for funds. Charities Services recently published this advice: “Every registered Read more…
Searching for information on the new accounting requirements for Registered NZ Charities? Try these posts on this site: Helpful Videos New Statutory audit and review requirements Workshops in 2015
Recent changes to the Charities Act 2005 create statutory audit and review requirements for medium and large Registered Charities from 1 April 2015. Read the full post on the Charities Services website Helpful videos and booklet for Tier 4 charities
Charities Services has produced three short videos about the new reporting standards for Tier 4 charities — that is, charities with annual operating payments under $125,000. The videos are based on workshops that began in early March and which will run until early June to help registered charities understand how to apply Read more…
IRD advice on Honoraria and taxing payments to volunteers has been updated. Includes reimbursement of volunteers for expenses, mileage and honoraria. < Go to IRD website > < See also: Fringe Benefit Tax and Charities >
I’ve just become a Treasurer for a small group. Can you advise on what I should include in a Board report? Westpac (Australia) have produced a helpsheet which provides a number of hints. <details> It is often helpful to circulate the report with Board papers before the meeting as this Read more…