Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Government encourages generosity

Media Statement
For Immediate Release

17 May 2007

Government encourages generosity by removing tax rebate

Philanthropy New Zealand welcomes the Government’s budget commitment to remove the tax rebate threshold for individuals and companies donating to charities.

Philanthropy New Zealand Executive Director Robyn Scott says the Government’s decisions will create a more conducive tax environment for New Zealanders to give to their communities.

“We congratulate the Government because tax rebates for charitable donations are an investment in the social capital of our country. There are many programmes, innovative projects and great ‘coal face’ work being carried out every day in all our communities, using donated money and voluntary contribution of time.”

Ms Scott says this fundamental work needed a nurturing funding environment and today’s Budget announcement “is a great first step”.

“It is well known that as Governments around the world lift their tax rebates, generosity increases.

“Although there is a loss to the consolidated tax fund, the value philanthropic giving returns to New Zealanders, and the value added by the voluntary sector will more than make up for it in terms of the value they create in communities.”

Philanthropist Scott Gilmour, who started the “I have a dream” project in New Zealand, believes philanthropists’ generosity facilitates and leads all manner of social and economic change in this country.

“We work alongside the young, the old, Maori, ethnic groups, and community and voluntary agencies. Philanthropic giving is an indispensable aspect of our communities because it funds cutting edge, risky work that no one else can fund,’ he says.

Tax incentives are just one of a number of incentives Philanthropy New Zealand would like to see Government pick up. Other initiatives include education and promotion of generosity. Ms Scott adds: “Overseas experience shows that people give more when giving is made easy and they have a range of incentives to give.”

The Giving New Zealand research recently released by Philanthropy New Zealand shows there is room for improving our generosity as a nation. Although approx. $1.3 billion dollars was given away in 2005/2006 one-third of that came from personal donations. The rest is made up from Trusts and Foundations and businesses.

Kate Frykberg is Executive Director of the Todd Foundation and a philanthropist in her own right. She is strongly supportive of any moves that encourage New Zealanders to give back to their communities.

"It is a real privilege to give and we need to encourage more of it. We congratulate the Government for taking this step and we look forward to other incentives to promote and encourage giving for the betterment of all members of our society," she says.


Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Supreme Court: Worksafe Decision On Whittall Pike River Prosecution Unlawful

The question in issue on the appeal was whether WorkSafe New Zealand acted to give effect to an unlawful agreement of this nature when it offered no evidence on charges against Peter William Whittall for breaches of the Health and Safety in Employment Act 1992...

The Supreme Court... has found that the decision to offer no evidence was made under an unlawful agreement to stifle prosecution. It has granted a declaration to that effect. More>>

 

Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>

ALSO:

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>

ALSO:

Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>

ALSO:

Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>

ALSO:

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election