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 >
Non-profit FAQs
Will charities be taxed?
Reports in various media outlets suggest that approximately $2 billion in ‘profits’ within New Zealand’s charitable sector is not subject to tax, and the Finance Minister is reported to be considering whether some charities may Read more…