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

 

Two hundred million dollars going unclaimed by Kiwis

New website promises a boost for charities and their supporters

Charity supporters and parents of school-aged children are missing out on $200 million that is sitting untouched and waiting to be claimed.

It’s a rebate that the government gives to almost anyone who makes a charitable donation over $5. But many New Zealanders either don’t know they can get a third of their donation back - or don’t know how to.

Now a website www.smartdonation.co.nz has been launched to make it easy and charities and schools are being encouraged to sign up.

Tax Management New Zealand (TMNZ), which set up Smart Donation, says that charities who partner with the website can use it as a way of saying thank you to their donors and giving something back to them for their support.

Chief Executive Chris Cunniffe says: “We already partner with a number of charities, who appreciate the opportunity to help the people who’ve supported them, by telling them about the rebate. Smart Donation cuts out the need for them to fill in forms or find old donation receipts and so takes most of the effort away. The charities can direct their donors to the website and we sort out the rest.”

Not all donors want the rebate, but TMNZ says they should still claim the money because they can donate it back to their favourite charity, getting them even more bang for their buck. All they need to do is tick a box and the rebate will go straight to the nominated charity.

About one in five people choose to do this and it’s the gift that keeps on giving, making their donation go even further, says Cunniffe.

KidsCan was one of the first charities to partner with Smart Donation. “We’re extremely grateful for the support of Tax Management NZ and for the opportunity to benefit from Smart Donation. Being a recipient charity has enabled us to reach even more Kiwi kids in need, giving them a hand-up with the basics so they can participate at school and make the most of their educational opportunities,” says Julie Chapman, CEO & Founder, KidsCan Charitable Trust.
They are thrilled that their donors can benefit too.

“We’re delighted that by being a Smart Donation partner we’re able to make it easy for our supporters to claim their donation rebate. It means a lot to be able to give something back to our supporters who, by their caring generosity, are helping us change for the better the lives of Kiwi kids living in hardship. Using Smart Donation is a fantastic way to say thank you. We’d encourage any charity to join Smart Donation, it’s a win-win for everyone, says Chapman.

TMNZ has a history of supporting charities, giving away a significant slice of its profits every year. Setting up Smart Donation was another way the business could help charities – and New Zealanders too.

The government established the tax rebate to encourage a culture of generosity in New Zealand, with the hope that more people would support charitable work and other non-profit organisations. The money comes from the government, so the charity still gets the full amount. Smart Donation has been approved by Inland Revenue to help donors make their claims.

“It’s part of the DNA of TMNZ to help charities and this was a logical thing for us to do sitting, as we do, in the heart of the tax system,” says Chris.

New Zealanders have up to four years to claim a rebate. That means they can get money back from donations made since 2014 – as long as they make their claim for 2014 by the end of March 2018. That includes donations to schools.

Smart Donation is free for charities and schools to sign up to and people who make a claim through the website may be charged a small administration fee of up to $20.


- ENDS –

About Tax Management New Zealand
TMNZ is New Zealand’s leading tax pooling provider and works very closely with the IRD to help businesses pay provisional tax. Smart Donation is a service it offers to help charities and donors claim back their donation rebates from IRD.
One of its key values is supporting charities, which is why it works closely with them to make sure they get even more money than they normally would.
Smart Donation is their way of giving back to the Kiwis who need it most.
https://www.smartdonation.co.nz/

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Perils Of Using PPPs To Meet Auckland’s Roading Needs

More than once, the coalition government has ruled out using public private partnerships (PPPs) to fund the country’s infrastructure needs in health and education – apparently private profiteering in those areas is recognised as being undesirable. Not the same story though with transport, and the reasons for that differential treatment are mystifying. Earlier today, Transport Minister Phil Twyford announced that one of two new roads that the government would be co-financing would be a PPP – namely, the Penlink project that will link the northern motorway to the Whangaparaoa Peninsula.

More>>

 
 

HiveMind: Fair Enough? How Should New Zealanders Be Taxed?

Have Your Say - Scoop and PEP invite you to share your issues, ideas and perspectives on the NZ tax system with other New Zealanders using Scoop’s HiveMind tool. This Tax HiveMind is intended to complement and feed into the review being run by the Government-appointed Tax Working Group (TWG), which is looking at the fairness, balance and structure of the tax system with a 10-year time horizon. More>>

ALSO:

Gordon Campbell: On Thompson + Clark & Russia’s World Cup

Daily, the coalition government keeps running into examples of the toxic legacy left behind by National – and just as regularly, even the simple fixes are proving stubbornly difficult to enact. Take the case of the security firm Thompson + Clark ... More>>

ALSO:

Gordon Campbell: On The GCSB’s Security Hang-Up With Russia

So our GCSB has chimed in, alongside its British, Australian and US allies, with warnings about a “fresh wave” of Russian cyber attacks, although the warning has been curiously framed. More>>

ALSO:

PM's Europe Trip: CHOGM & Bilateral Meetings

Prime Minister Jacinda Ardern is in Europe for the Commonwealth Heads of Government Meeting (CHOGM) in London and meetings with counterparts in Paris and Berlin. More>>

ALSO:


Addressing Climate Change: No New Offshore Exploration Permits

The Coalition Government is taking an important step to address climate change and create a clean, green and sustainable future for New Zealand, Prime Minister Jacinda Ardern announced today. More>>

ALSO:

Road Safety Summit: Actions To Improve Identified

The Local Government Road Safety Summit held last week identified actions that will lead to lasting changes to road safety in New Zealand, says Associate Transport Minister Julie Anne Genter. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages