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Philanthropy New Zealand Wants No Cap On Giving

Philanthropy New Zealand Wants No Cap On Giving

Philanthropy New Zealand is keen to see the Government act quickly in ensuring the tax system provides the appropriate incentives to maximise the value of giving.

Philanthropy New Zealand’s Executive Director Robyn Scott says the Government should be actively creating an environment in which all New Zealanders are encouraged to contribute to our communities through tax incentives.

A discussion document was issued by the Government late last year. It looked at options for reinforcing and encouraging giving by providing further incentives to donate money and/or give time and skills to charities and other non-profit organisations.

“Tax incentives can provide a platform to support people’s giving and we know that the giving of money and time is an important way to connect and be engaged with your community. There should be no upper limit on giving.”

Ms Scott highlighted recent examples of how philanthropy had supported major capital works to provide better social services to our communities: “The Mercy Hospice in Auckland and the Wellington Night Shelter are just two examples of where the philanthropic sector has met a critical funding gap.

“Many organisations that Philanthropy New Zealand members support, already find it difficult to fund their full range of services.

“Tax incentives should support people’s motivation to give to others less fortunate than themselves. We strongly believe that individuals and organisations would give more if there were tax incentives for those who want to support the work of Community and Voluntary organisations.

“People give for a variety of reasons, to address injustice, to support a cause that matters, to make a difference, all valid and a necessary part of a healthy democracy,” says Ms Scott.

ENDS

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