Jade Gillies posted on August 19, 2008 14:44
Charities Commission registration - did circumstances prevent your organisation from applying before 1 July?
Charitable organisations that have failed to register or at least apply for registration with the Charities Commission by 1 July 2008 will have lost their income tax exemption from this date on.
However, a change has been made to the Income Tax Act, for charitable organisations that ran into difficulty with completing their registration application before 1 July 2008, owing to circumstances that may be beyond their control. It will not cover organisations that merely did not get around to applying for registration before the deadline.
The legislation provides a limited discretion for Inland Revenue to preserve the tax-exempt status of charities that were not able to apply to register with the Charities Commission before 1 July 2008, but who can prove to IRD that they began the process of preparing their application before that deadline.
Guidelines about what Inland Revenue requires as proof of having begun the process of preparing an application for registration are available on IRD’s website:
http://www.ird.govt.nz/charitable-organisations/chart-orgs-admin-guidelines-registering.html
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