Taxation of Charities and Not-For-Profit Organisations 2019

Description

This webinar considers the application of the tax concessions that apply to charities and other not-for-profit bodies, including income tax exemptions, FBT exemptions and tax incentives available to persons who make donations to charities and other donee organisations.

Other issues addressed include the special GST rules that apply to not-for-profit organisations, the application of the so-called mutuality principle to not-for-profit bodies and the tax treatment of reimbursement payments and honorarium payments made to volunteers.

In addition, changes in Inland Revenue policy concerning donee organisations, and recent legislative changes and case law will be considered.

LEARNING OUTCOMES

You will:

  • Know when and how the income tax exemptions apply to registered charities.
  • Learn about the income tax consequences of a charity being de-registered.
  • Understand how not-for-profit organisations are taxed, including the application of the so-called mutuality principle.
  • Learn how the FBT exemptions apply to charitable organisations, including how Inland Revenue interprets those exemptions.
  • Understand the special GST rules that apply to not-for-profit bodies, including recent legislative changes.
  • Know how to treat reimbursements and honorarium payments made to volunteers correctly.
  • Learn when donors are entitled to a tax deduction or a tax credit for donations made to charitable organisations, including recent case law and legislative changes.

SUITED TO

Intermediate and senior accountants, in-house accountants and lawyers who advise charities and other not-for-profit bodies.

PRESENTER

Stephen Tomlinson, Principal, Tomlinson Law

1.5 CPD Hours

  • Apr 11
    Thu, 2:30 PM NZST - 4:00 PM NZST Online
    • $210.00 excl. GST

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

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Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.